The Facility « Investing for Employment » launches its first call for proposals in Morocco on 1 March 2021
The Facility « Investing for Employment » aims to stimulate the Moroccan labour market by facilitating the creation of new jobs, improving working conditions and promoting training. It officially launches its first call for proposals in Morocco on 1 March 2021.
The Facility « Investing for Employment » (IFE) is as an investment mechanism for employment, providing competitive grants to co-finance public or private projects in its height 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 « 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.
The first call for proposals in Morocco will be launched on 1 March 2021, seeking applications for four types of projects:
- Public Infrastructure for job creation (covers up to 90 % of the cost)
- Common service for job creation (covers up to 75 % of the cost)
- Projects that foster direct job creation which have benefits/impacts more broadly than solely for the project owners (covers up to 50 % of the cost)
- Projects that foster direct job creation by companies (covers up to 25 % of the total cost)
Green economy is also one of the key elements that applicants will have to take into account. In fact, 'Integrating green jobs' is one of the objectives of the Moroccan National Strategy for Sustainable Development (SNDD) for the period up to 2030.
The proposed grants range from 1 to 10 million euros per project. This is project co-financing, with own contributions from the applicants. The co-financed part is correlative to the selected project.
The IFE invites companies and other interested organisations, whether public or private, as well as consortia to submit concept notes as soon as the call for proposals opens on 1 March 2021.