Open Call for Proposals to support SMEs in Commodity Sector

Open Call for Proposals to support SMEs in Commodity Sector

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Description

The Common Fund for Commodities (CFC) invites applications for financial support from qualifying projects.

CFC can offer a range of financial and technical instruments of support to meet specific needs of SMEs/enterprises, cooperatives, and institutions along the entire commodity value chain in its member countries.

Mission: To contribute to poverty alleviation by strengthening the income-generating capacity of commodity producers and mitigating vulnerability to their economic wellbeing.

Vision: To strengthen and diversify the commodity sector in developing countries and transform it to be a major contributor to poverty alleviation and sustained economic growth and development.

 

Benefit

With poverty alleviation as the mission, CFC will support proposals investing in the poorest and most vulnerable people in the global value chains, which may concern production, processing, financing, marketing, research etc.

Eligibility

The CFC funds projects with loans and other debt instruments.

The maximum amount is USD 1.5 million for regular projects, and up to USD 300,000 under the Fast-Track procedure.

However, they show some flexibility when they have projects with higher impacts and a good case of finance.


How To Apply

Application Deadline: 15-Apr-2022

Donor Name: Common Fund for Commodities

HOW TO APPLY: Visit

 

https://www.common-fund.org/call-for-proposals

 to apply.