The facility Investing for Employment aims to support the creation of employment opportunities in Africa. It does so by offering co-financing grants for new investment projects with a high job creation impact. The facility officially launched its first call for proposals in Egypt on 30 November 2021.
The facility Investing for Employment is an investment mechanism for employment, providing competitive grants to co-finance public or private projects in its eight partner countries in Africa, including Egypt.
It is part of the Special Initiative "Decent Work for a Just Transition" of the German Federal Ministry for Economic Cooperation and Development (BMZ). Operating under the brand Invest for Jobs, the Special Initiative aims to create good jobs and training opportunities and to improve working conditions in its partner countries in Africa.
The facility’s ambition is to promote the labour market in Egypt by providing financial and technical support to project leaders to boost the economy, generate long-term jobs and encourage continuous training.
The first Call for Proposals in Egypt, launched on 30 November 2021 at 5 pm CET, seeks applications for four types of projects:
- Public infrastructure for job creation – not-for-profit (facility covers up to 90 % of the cost)
- Common service for job creation – not-for-profit (facility covers up to 75 % of the cost)
- For-profit-projects that foster direct job creation, and have broader benefits/impacts that are not limited to the applicant’s entity (facility covers up to 50 % of the cost)
- For-profit-projects that foster direct job creation by the applicant (facility covers up to 25 % of the cost)
Grants range from 1 million to 10 million euros per project. The applicant is obliged to contribute own funds to complete the project finance. The level of co-financing depends on the type of project.
While project proposals from different sectors can qualify for funding, priority will be given to proposals that contribute to the economic development in areas such as green cities, sustainable agriculture, sustainable energy and transport systems, biodiversity and forestry, water, wastewater, solid waste, resource efficiency. All applicants will have to show how their projects contribute to the creation of sustainable jobs.
For more information, please visit our CfP website for Egypt.
Potential applicants will have until 24 January 2022 at 5 pm CET to submit their concept note. The facility invites companies and other interested parties, whether public or private, to submit high-quality concept notes either as a consortium or individual entity.
If you have any questions, please consult our FAQ section. If you can't find the information you need, please send us an email to cfp-ife.egypt@invest-for-jobs.com until 17 January 2022 at 5 pm CET at the latest.
Webinars will take place on 6, 13, and 20 December 2021 at 09 am CET (10 am in Egypt) on the ZOOM platform. We will inform about the submission process and eligibility requirements. To receive the link send us an email to cfp-ife.egypt@invest-for-jobs.com
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