Official launch of the 1st call for proposals by the Facility « Investing for employment » in Morocco
The Facility « Investing for Employment » aims to support the creation of decent employment opportunities in Africa. It does so by offering co-financing grants for new investment projects with a high job creation impact. IFE officially launched its first call for proposals in Morocco on Monday 1 March 2021.
The Facility « Investing for Employment» is an investment mechanism for employment, providing competitive grants to co-finance public or private projects in its seven partner countries in Africa, including Morocco.
IFE is part of the Special Initiative on Training and Job Creation 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 apprenticeships and to improve working conditions in its partner countries in Africa.
The Facility’s ambition is to promote the Moroccan labour market by providing financial and technical support to project leaders in order to boost the economy, generate long-term jobs and encourage continuous training.
The first call for proposals in Morocco, launched on 1 March 2021, seeks applications for four types of projects:
- Public Infrastructure for job creation – not-for-profit (up to 90% of the cost)
- Common service for job creation – not-for-profit (up to 75% of the cost)
- For-profit-projects that foster direct job creation which have benefits and impacts more broadly than solely for the project owners (up to 50% of the cost)
- For-profit-projects that foster direct job creation by the project owners (up to 25% of the cost)
The Facility’s grants range from 1 million EUR to 10 million EUR. The applicant is obliged to contribute own funds to complete the project finance. The own contribution relates to the project category of the submitted concept note.
For more information visit our CfP website for Morocco: https://invest-for-jobs.com/en/ife-call-for-proposals-morocco
Potential applicants for the Call for Proposals will have until 31 March 2021, to submit concept notes. The Facility invites companies and other interested parties, whether public or private, to submit high quality concept notes either as consortium or individual applicant.
If you have any questions, please consult our FAQ section: https://invest-for-jobs.com/en/ife-faq.
If you can't find the information you need, please send us an email to email@example.com until March 24, 2021 at 17:00 CET at the latest.
The first webinar will take place on 4 March 2021 at 10:00 CET on the ZOOM platform. We will inform about the submission process and eligibility requirements. To receive the link send us an email at firstname.lastname@example.org.