The Facility Investing for Employment offers co-financing grants for projects with a high job creation impact. This Call for Proposals will support women entrepreneurs and women-led businesses and will make financing available to projects that promote the employment of women.
The thematic Call for Proposals on “Women in Business” will be launched in Egypt on 14 November 2022. The selection of projects is based on a competitive application process and gives priority to high-quality proposals that are mature and ready for execution. It will only co-finance those projects that are rated best in terms of operational viability, financial sustainability, and job creation.
The Call for Proposals will seek applications for four types of investment projects:
This Call for Proposals is not limited to certain sectors of the economy. Companies can apply individually or in a consortium with other entities from Africa and/or from the EU/EFTA region. Grants by the Facility Investing for Employment range from 1 million EUR to 10 million EUR. The applicant is obliged to contribute own funds to complete the project finance.
Companies and other private or public organisations can submit concept notes as soon as the Call for Proposals opens.
The Facility Investing for Employment is an investment mechanism for employment that uses a competitive application process to provide co-financing grants to private and public projects in eight African partner countries. The Facility is part of the Special Initiative "Decent Work for a Just Transition" by the German Federal Ministry for Economic Cooperation and Development (BMZ). Operating under the brand Invest for Jobs, the Special Initiative aims to remove investment barriers and to create good jobs and training opportunities in its partner countries in Africa: Côte d'Ivoire, Egypt, Ethiopia, Ghana, Morocco, Rwanda, Senegal, and Tunisia.
Newly published: The Guidelines for Applicants with details on the application process are now available in our Download Center.
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The consortium around the company Eranove successfully applied for a grant by the Facility Investing for Employment. The Facility is part of Invest for Jobs. On 26 January 2023, the grant contract for 5.17 million euros was signed in Abidjan. In three years, 14,000 people will attend the various training courses offered by the academy and more than 1,100 jobs are expected to be created.
Since its launch in June 2022, the Soft Landing initiative of Invest for Jobs in Tunisia has facilitated the arrival of 10 European and African IT companies in the country. In return, the companies committed to create over 100 high-quality tech jobs for Tunisians.
To implement BMZ’s development-policy priority areas in the 20th legislative period and to address changing global challenges, the Special Initiative on Training and Job Creation will have a new name and focus. As of January 2023, it will be called Special Initiative "Decent Work for a Just Transition".
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