Funding Innovative Capacity Development (FICAD) Initiatives

• Country: Zimbabwe
• Summary: Funding Innovative Capacity Development (FICAD) Initiatives
• ZWT Ref No: 5695492
• Deadline: 02 May 2016
• Financier: Other Funding Agencies
• Purchaser Ownership: Government
• Tender Value: Refer Document
• Notice Type: Tender
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• Description:
• Request for Proposals (Rfp) are Invited for Funding Innovative Capacity Development (FICAD) Initiatives 2016. About FICAD Over time, ACBF interventions have been evolving in order to better respond to emerging challenges and development priorities on the continent. To be nimble enough to respond effectively in an ever changing context, the Foundation has had to improve internal business processes to bring about better efficiency and achieve faster turn-around time. To this end, in 2010 the ACBF Executive Board delegated to the Executive Secretary, authority to approve funding to innovative and catalytic projects. The delegated authority has prescribed limit of US$500 000. The Funding Innovative Capacity Development (FICAD) Initiatives, allows the ACBF to support innovative ideas within a quick turn-around period. The facility is intended to provide short term financing. Interventions to be supported through FICAD facility should also be piloting, or idea-sourcing to be scaled-up. This is to enable the Foundation try out new areas of intervention through a different approach of capacity development support and which could be further considered in the framework of full-fledged interventions. Collaborative interventions are equally encouraged. The beneficiaries of the FICAD facility could be the potential ones that would ordinarily qualify for the full-fledged grants of ACBF, including institutional or legal entities, or other organizations and established networks seeking to advance innovative approaches to capacity development in a country or regional setting. In general, the maximum funds that can be granted for a project, has a ceiling of One Hundred Thousand US Dollars ($100,000). In administering the facility, consideration is given to geographical balance to ensure equitable allocation within the programming zones of the Foundation. In addition, each applicant is entitled to only one grant and hence not more than one grant will be approved in a given country per year. This FICAD cannot be used to fund endowment, recurring costs such as rent, utilities, salaries, vehicles and other capital equipment, nor will it be used to fill gaps in any existing project. The Call for Proposals ACBF is inviting proposals under its 2016 call for FICAD financing. To qualify for financing, projects must meet the eligibility criteria in that they must be innovative, catalytic and idea sourced with a potential to show impactful results. In addition to the eligibility criteria, the project must be aligned to ACBF-s capacity development priorities. In 2016, ACBF is prioritizing the following thematic areas: 2. THEMATIC AREAS These thematic areas respond to the current transformation and development agenda for Africa. 2.1 Domestic Resource Mobilization Domestic Resource Mobilization is crucial today if African Countries are to achieve the ambitious Sustainable Development Goals (SDGs) and the goals of the Agenda 2063. Proposals under this thematic area can focus on the strategies that capacitate African countries to curb illicit financial flows and to reduce their dependency on foreign aid.. Proposals can also focus on how countries research assessments could be used as potential case studies for mobilizing and making effective use of public and private financial resources that support sustainable development. 2.2 Youth Empowerment and Entrepreneurship Development The workforce available in the job market of Africa is increasing well beyond what the jobs created can absorb. Empowering youth to enhance their capacity to create and generate revenue through entrepreneurship is identified as one of the essential approaches to addressing the youth unemployment challenge. Proposals that can contribute to this goal of empowering the youth through innovative and replicable entrepreneurship development interventions will be considered for funding under this category. Proposals that can empower youth through viable interventions based on Africa-s global competitive advantage with potential to reach and benefit large numbers of the youth are highly encouraged under this theme. 2.3 Natural Resources Management Africa is endowed with abundant natural resources but most of it is still exported in raw form with little value addition that could sustain the continent-s economic growth and development. Even though resource-rich African states generate revenues through exports of their raw natural resources, this effort is still relatively insignificant as compared to the available reserves. At the same time, the use of natural resources needs to be supported by interventions that would prevent the unwise depletion that will endanger the planet and the life on it. While the enormous potential for development is clear, there are several examples of "resource curse” in Africa. Project ideas that will contribute to building capacity for the effective and efficient use and management of the natural resources for equitable and effective economic development are encouraged. Interventions in the specific areas of water, mining and forestry will be given a higher consideration. 3.3 Funding conditions The funds available through this Call for Proposals for a project will range from USD 10,000 to a maximum of USD 100,000.
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