FUNDING FOR INNOVATIVE TRADE PROJECTS IN EAC COUNTRIES (KENYA, UGANDA, TANZANIA, RWANDA & BURUNDI) SUBMISSION DATE EXTENDED TO 18TH DECEMBER 2013 TradeMark East Africa Challenge Fund (TRAC) invites the private sector and the civil society to apply for grant funding to support innovative trade projects that can boost regional trade in the East African region and the region’s trade with the rest of the World. The Grants of between US$250,000 to US$350,000 per project will be offered to private companies, private sector organizations and civil society organizations on a 50% matching basis for private companies and private sector associations and 70% for civil society organizations. The grants will be awarded under three Windows: Window one: Business innovations that will increase Trade. The project should be innovative, aim at increasing cross border trade, has great potential for social welfare gains and has potential for commercial viability. Window two: Catalyzing innovation in services that enable cross border trade. The project should be innovative and should aim at reducing the cost of trade in East Africa. Window three: Innovative ways of gathering evidence and mobilizing public opinion.TRAC will support innovative projects that can gather evidence of the way barriers to trade harm the public interest and mobilize public support for reforms that will lead to greater regional integration. The TradeMark East Africa Challenge Fund (TRAC) is a project funded by TradeMark East Africa. TRAC invests in innovative projects that can boost regional trade in the East Africa Community (EAC) and the region’s trade with the rest of the world. Innovative projects, proposed by private firms that have the potential to boost cross-border and international trade will be eligible for funding. Innovative projects that benefit large number of men and women and promote climate resilience and environmental sustainability will be given preference. Women owned or managed businesses are particularly encouraged to apply The guidance for the technical evaluation panel and the online application form are available from our website: WWW.TRAC-FUND.COM Online applications must be received by 18th December 2013. For inquiries, clarification and further information, please contact us at: Email: info@trac-fund
Posted on: Wed, 13 Nov 2013 08:14:05 +0000
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