Deadline-12st July 2012
The global objective of this Call for proposals is to support the transition of Yemen to a non-oil economy through the creation of an environment conducive to private sector development, and ultimately to support the country’s overarching objective of poverty reduction and job creation. The specific objective of this Call for Proposals is to support the development of inclusive financial systems targeted to the needs of Micro, Small, and Medium Enterprises (MSMEs) by increasing the availability and effectiveness of financial instruments (loans, credit lines, or other financial products) for meeting MSME borrowers’ working capital needs.
Eligibility-
- be non-governmental organisations, public or semi-public sector operator, European development or SMEs financial institutions, or international (inter-governmental) organisations as defined by Article 43 of the Implementing Rules to the EC Financial Regulation and
- be non profit making, and
- be nationals of a Member State of the European Union or of any developing country eligible or of a country member of OECD/DAC, according to article 31 paragraph 1 & 2 and annex I & II of the regulation (EC) N° 1905/2006 of the European Parliament and of the Council of 18 December 2006, establishing a financing instrument for development cooperation. This obligation does not apply to international organisations, and
- be directly responsible for the preparation and management of the action with their partners, not acting as an intermediary, and
- be registered as NGO for at least three years before the date of the call for proposals and have proof of that registration. This obligation does not apply to International Organisations or European development or SMEs financial institutions, and
- the applicant must have proven track-record in the management of projects promoting access to finance for MSMEs, including the setting up and management of a revolving fund, funded by international donors or similar, with at least two projects of three year duration with a minimum total project value of € 2,0 million or, alternatively, an annual turnover over of at least € 1.0 million for at least three years within the period 2000-2010, and
- The applicant managing Component A acts as implementing partner and coordinator for the whole project, and can propose local and international partners for the implementation of Component B, but cannot sub-delegate the setting up and management of the revolving fund, and
- In general, participation in the award of contracts for the present action shall be open to all natural and legal persons covered by DCI (EC Regulation nr. 1905/2006 of 18 December 2006 establishing a Financing Instrument for Development Co -operation (OJ L. 378/41 – 27.12.2006). Further extensions of this participation to other natural or legal persons by the concerned authorising officer shall be subject to the conditions provided for in articles 31(7) and (8) DCI, and
- Partnership with a local FI is mandatory for international applicant. Yemeni financial institutions applying as implementing partner for component A cannot at the end of the project become the owner of the revolving fund and must indicate in the call a different local FI to entrust, and
- In order to ensure the effective coordination of the two sub-components, applicants must submit an integrated proposal for both sub-components. In this respect, flexibility is granted in term of forming a partnership with other actor(s) with the required skills and experience.
- Potential applicants may not participate in calls for proposals or be awarded grants if they are in any of the situations which are listed in Section 2.3.3 of the Practical Guide to contract procedures for EU external actions (available from the following Internet address in Part B section 7 of the grant application form (“Declaration by the applicant”), applicants must declare that they do not fall into any of these situations.
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