Namibia, SDG Impact Investment Facility, Fund Management Services SDG Impact Fac
Procurement Process
RFP - Request for proposal
Office
UNDP-NAM - NAMIBIA
Deadline
05-Sep-24 @ 04:30 PM (New York time)
Published on
03-Sep-24 @ 12:00 AM (New York time)
Reference Number
UNDP-NAM-00074
Contact
UNDP, WINDHOEK - hendrik.jossop@undp.org
If you already have a supplier profile, please login to the Supplier Portal, then search for the negotiation using the reference number UNDP-NAM-00074, following the instructions in the user guide.
Introduction
Introduction
The Government Namibia is implementing the Private Sector Development Project (PSDP) that aims to strengthen the private sector’s ability to serve as the engine of economic growth. The Ministry of Industrialization and Trade alongside UNDP Namibia established the SDG Impact Fund (SDGIIF) in 2019, with the aim of turning local small medium enterprises into potential suppliers for local and regional value chains, while aggregately contributing to social impact. The fund was created as a multi-stakeholder financial and capacity building platform that bridges entrepreneurship, social innovation, and blended capital to create sustainable economic and social returns.
SCOPE
The SDGIIF aims to achieve the following objectives.
To develop and enhance the productive capacity of MSMEs.
To sustainably scale MSMEs and strengthen local, sub-regional and
regional value chains for the regional continent and global market.
To create a conducive entrepreneurial ecosystem.
To actively promote innovation and participation of women, persons with
disabilities and youth owned businesses.
Prioritizing support to MSMEs that will have a catalytic impact in addressing development challenges in the country through strengthening the local economy, improving livelihoods, creating decent jobs, and building equitable communities.
Since its inception the fund has evolved into a blended financing facility that utilizes public and philanthropic resources to de-risk private sector investment to fulfilling its objects.
Therefore, the SDGIIF represents.
SDG Impact Facility: which is a blended financing platform is designed as with a revolving fund structure as gap financing measure to be a self-replenishing pool of money, utilizing interest and principal payments on old loans to issue new ones.
AND
the SDG Impact Investment endowment Fund that is designed as a pool of philanthropic and public resources used to de-risk MSMEs, thus strengthening their commercial viability, and enhancing risk-adjusted returns for investors.
The facility and the fund work alongside each as a catalytic blended finance instrument, mobilizing follow-on commercial investment from impact investors and other private investors, who would otherwise find their risk-return profiles of MSMEs unacceptable.
Interested suppliers must submit their offer directly in the system as instructed in the solicitation document, following the instructions in the available user guide. n case you have never registered before, you can register a profile using the registration link shared via the procurement notice and following the instructions in the guides available in UNDP website: https://www.undp.org/procurement/business/resources-for-bidders. Do not create a new profile if you already have one. Use the forgotten password feature in case you do not remember the password or the username from previous registration.
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UNDP NAMIBIA, Windhoek
PROCUREMENT UNIT
procurement.na@undp.org