Funding brief: The United Nations Capital Development Fund (UNCDF) is the UN’s capital investment agency for the world’s 47 least developed countries. The Inclusive and Equitable Local Development (IELD) pilot programme in Bangladesh is a joint global initiative of UNCDF, UNDP and UN Women that addresses structural impediments through public and private investments, with particular emphasis on unlocking domestic capital for women’s economic empowerment and entrepreneurship. The IELD pilot seeks to explore options to deepen this initiative by inviting private SMEs, local government institutions, NGOs and other organizations engaged in women’s economic empowerment in Bangladesh to submit gender responsive investment proposals to the IELD project. The proposals are to enable the SMEs to receive technical assistance and financial support to pilot investments for women’s economic empowerment.
With this Call for Proposals (CfPs), UNCDF is inviting calls for investment project proposals in the following focus areas:
● Women Economic Empowerment or Gender Responsive SMEs: Investment projects owned or developed by women or projects with large derived benefits accruing to women, which address challenges faced by women such as employment and job creation, income generation, technical business skills, innovation, and entrepreneurship.
● Local Economic Development: Businesses that offer local government institutions, the private sector and local communities the opportunity to work together to improve the local economy by enhancing competitiveness, increasing sustainable growth and ensuring that growth is gender sensitive.
● Public service delivery infrastructure: Public Private Partnership (PPP) Projects that provide women with better business and income earning opportunities through improved infrastructure (i.e. preferential access to transportation, storage facilities, market structures, modern agro-processing machinery and energy infrastructure).
● Value chain integration and trade: Gender responsive SMEs that enable women to secure access to one or more components of value chain integration including logistics, operational support, warehousing, human resource development, procurement, communication, marketing & sales, printing & packaging services or other value chain additionalities, within the country and cross-borders.
What UNCDF offers to developers:
● Project development support:
Targeted technical project development and financing support to projects developers (e.g. enhanced project documentation, due diligence and financial structuring)
Project investment documents in the format acceptable to commercial banks and investors
Capacity building and technical assistance for business development, improved financial management, human resource management, compliance management, financial governance and transparency, product development and value creation additions
● Link developers to financial institutions and investors:
Support project developers in accessing funding from commercial and development finance institutions (e.g. identifying the right investor based on sector, size and type of finance required) and negotiating lending terms with prospective financiers
For qualified projects, seed capital (development capital grants and soft loans) based on unique project requirements and investment criteria
Provide credit enhancements and guarantee support e.g. partial loan guarantees for qualified projects which are eligible for borrowing from domestic financial institutions
● Gender sensitive orientation & Impact implementation support
Workshop for top level management on gender sensitive working environment, women economic principal (WEP) and HeforShe movement
Extensive gender training to all staff on gender equality (GE), gender roles, gender stereotype, violence and sexual harassment at workplace
Support in developing an action plan to support and promote gender equality (GE) and women’s career mobility within the organization
Support in developing a concrete monitoring framework on gender equality (GE) & women economic empowerment (WEE) for the organization
Support management and the business to offer gender equality in benefits including equal pay for equal value, healthcare, sick leave, pension, disability, paid time off and stock ownership
Assist management to establish policies for paid maternity/paternity leave, promote safe and discrimination free work environment, i.e. sexual harassment, risk assessments to address security issues, including women traveling to and from work
Donor Name: The United Nations Capital Development Fund (UNCDF)
Funding name: Gender Responsive Investment Projects – Inclusive and Equitable Local Development (IELD) Program in Bangladesh
Deadline: The deadline for submission of investment proposals is on 16th, August, 2018 at 5:00 PM.
Funding details link: Click to view
Funding limit: Not found
Special Notes: Please contact with the donor directly for further clarification and understanding.
Project start date: Not found
Project duration: Not found
Eligible organization: As below
Eligibility: Proposals must meet all of the following eligibility criteria(s):
● Institutional profile:
Significant number of women engagement in organizational structure and workforce which includes women representation amongst the Board of Directors, Management team and full-time staff
The business has an explicit commitment to gender equality in employment
The business makes explicit spending and program commitments that increase gender equality and support women’s advancement (i.e. conducted gender related training will be considered as added value)
● Commercial viability:
Proposals that show ability to generate revenue and make profits will be given priority
Companies with a successful track record of profitability in the last two years of operations will also be preferred. (Applications should therefore be supported by a detailed description of the cost and revenue streams associated with the project).
● Project status:
Priority will be given to existing projects that are looking for expansion. Project development activities must have passed a pre-feasibility stage beyond a concept note, i.e. proposals should include as a minimum a completed business plan and all initial compliance steps (e.g. licenses, permits, titles, etc.).
Company size & Project size:
Medium sized companies/SMEs (as per Bangladesh Bank definitions) with assets worth BDT 1 crores to 15 crores with total number of employees between 50 to 100 being engaged full-time is preferred
Total cost for expansion project is between BDT 50 lacs to 5 crores
● Supply chain procurement:
The business provides price equality to male and female suppliers
Number of women involve in the value chain and the project’s positive contribution to women’s lives
Located in poorest districts:
Special consideration will be given to projects from the country’s poorest districts which includes Kurigram, Dinajpur, Bandarban, Magura, Kishorganj, Khagrachari and Jamalpur or adjacent districts
● Development impact:
Project that will generate positive economic benefits e.g. job creation, income generation, empowerment of women including trade and market access
● Qualified management:
The proposal must show evidence that the proposed management team has the necessary technical and managerial skills to run the project
Compliance with Bangladesh laws and regulations and UNDCF/UNDP Environmental & Social Performance Standards including industrial laws, human (labor & women) rights is a must
Eligible Country: Bangladesh
Submission mail: firstname.lastname@example.org
How to apply: Only completed submissions as per the above guidelines will be reviewed. A complete submission consists of the submission of the following:
● Completed and Signed Call for Proposal Submission Form (Word template)
● Copies of updated Trade License or Commencement of Business certification
●The submission form must be submitted in their original formats (Word) along with any supporting documentation to the following recipient: email@example.com. Size of the email should be limited to 10 MB. Only one application per entity and per proposal will be accepted.
● Language of proposal: Proposals must be submitted in English or Bangla.
● Hardcopies should be submitted directly to the following address:UN Capital Development Fund, E/8-A, IDB Bhaban, Level 7, Sher-e-Bangla Nagar, Dhaka 1207
● Shortlisted applicants will be requested to submit relevant documentation related to their businesses within 2 weeks (i.e. commencement of business certification, trade licence, etc).
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