Women in business
29.09.2022

Call for Proposals on “Women in Business”

The Facility Investing for Employment announces a thematic Call for Proposals in Egypt. It will launch on 14 November 2022.

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:

  1. Not-for-profit Projects with job creation impact (no revenues):
    The Facility covers up to 90 % of the investment costs.
     
  2. Not-for-profit Projects with job creation impact (generating revenues):
    The Facility covers up to 75 % of the investment costs.

  3. For-profit Projects with broader job creation impact:
    The Facility covers up to 35 % of the investment costs.
     
  4. For-profit Projects with job creation impact:
    The Facility covers up to 25 % of the investment costs.

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.

DOWNLOAD PRESS RELEASE

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