Deadline: 4 April 2014
The Common Fund for Commodities (CFC – an intergovernmental financial institution) provides financing to organisations and enterprises engaged in commodity value chains. Through financial support, the CFC seeks to support implementation of innovative interventions that target new opportunities in commodity markets leading to commodity based growth, employment generation, increase in household incomes, reduction in poverty, and enhancement of food security. The intervention should be scalable, commercially viable and financially sustainable and have a measurable positive impact on the stakeholders in commodity value chains.
The CFC’s aim is to realize the potential of commodity production, processing, manufacturing, and trade for the benefit of the poor. The CFC supports implementation of interventions that:
- are innovative and target new opportunities in commodity markets leading to commodity based growth, employment generation, increase in household incomes, reduction in poverty, and enhancement of food security,
- are scalable, commercially viable1 and financially sustainable
- have a measurable positive socio-economic impact on the stakeholders in commodity value chains,
- develop stronger connections with existing markets or create new markets along the value chain,
- increase financial services to commodity producers and commodity based businesses, and
- enhance knowledge generation and information dissemination.
The objectives of the CFC supported interventions are:
- Social: Create employment particularly for youth and women, increase household incomes, reduce poverty, and enhance food security.
- Economic: Enhance production and productivity, achieve higher local value addition; improve competitiveness of producers, producer organisations and small and medium sized industries; support the financial sector development.
- Building partnerships: Build effective and cost efficient collaboration between producers, industry, governments, civil society organisations and other stakeholders for commodity based development.
The CFC supports all innovative commodity based interventions along the entire commodity value chain which extend across local, national, regional and international markets. The proposed intervention should have a positive impact on stakeholders in the commodity value chains i.e. generate employment, increase incomes, reduce costs, and/or improve productivity. The CFC favours interventions that promise commercial viability and financial sustainability and provide evidence that the organisations involved have the necessary technical, managerial and financial capacity to execute the intervention and reach the targeted goals in stipulated time.
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