Eligibility Criteria
- Applicants can be any business entity registered as a World Bank Group Vendor.
- Eligibility criteria to register as a World Bank Group Vendor are as follows-
- The business enterprise must demonstrate that they have been operating under its business name for a period of not less than one year.
- The Vendor must have multiple business clients and the financial capacity to provide the goods and/or services. Financial capacity will be assessed by comparing the Vendor’s revenues to the value of the proposed contract(s).
- The Vendor must not be currently debarred from contracting with the World Bank Group.
- The Vendor must be able to conduct business legally in the country for which they are registering.
- Consistent with the World Bank Group’s policy on anti-money laundering/combating the financing of terrorists, companies listed on the U.S. Executive Order 13224 sanctions list, the UN 1267 sanctions list, and/or the UK terrorist sanctions list are ineligible to be World Bank Group Vendors and to receive World Bank Group contract awards. Companies listed on the World Bank Listing of Ineligible Firms are also ineligible to be World Bank Group Vendors and/or receive World Bank Group contract awards. (See World Bank Group Listing of Ineligible Firms). Further, World Bank Group Vendors excluded from future contract awards will not be eligible to receive World Bank Group contract awards or to bid on World Bank Group solicitation.
- Applicants have to identify a specific problem statement under GFDRR Pillar 1: Risk Identification
- The geographical focus led by the applicants must be on developing countries with an emphasis on the Africa and Asia regions
How to Apply?
Application procedure consists of 5 steps-
- Step 1: Send in a short (5 page maximum) application defining the problem statement and your proposed solution via email.
- Step 2: Proposals will be reviewed by the Expert Working Group. Up to 20 proposals will be selected for funding who will be notified by email by June 1, 2015.
- Step 3: Once successful teams have incorporated feedback, the lead of the proposal team will submit a more detailed proposal.
- Step 4: Grant funding will be transferred following completion of contractual arrangements with the World Bank Group. Teams will have 6 – 12 months to complete this pilot project. Public Announcements of the Proposals Funded in this Round will be made in September 2015.
- Step 5: Projects evaluated after 6 – 12 months to have high potential for positive impact may be eligible for further funding under the second phase.
For more information, please visit GFDRR.
