View Notice

Youth4 Business Innovation and Entrepreneurship Facility
Procurement Process :CP-QB-FBS - Call for Proposal – Quality Based Fixed Budget
Office :KAMPALA - UGANDA
Deadline :07-Aug-20
Posted on :04-Aug-20
Development Area :OTHER  
Reference Number :68288
Link to Atlas Project :
00061170 - LIVELIHOOD AND LOCAL ECONOMIC RECOVERY
Documents :
Youth4 Business Innovation and Entrepreneurship Facility
Buidget Template and Work Plan
Overview :

Youth4 Business Innovation and Entrepreneurship Facility

Open Innovation Challenge Fund

The United Nations Development Programme (UNDP) Uganda in collaboration with the Stanbic Uganda Holdings Limited (SUHL) hereby invites you to submit a Proposal to an Open Innovation Challenge Fund Call for the Youth4Business Innovation and Entrepreneurship Facility.

The Innovation Challenge Fund Call is intended to provide competitive matching grant awards as well as mentoring, capacity building and entrepreneurship development training to youth owned MSMEs legally recognised under the Laws of Uganda, operating in any of the targeted sectors of agriculture, tourism, development minerals, manufacturing, renewable energy, IT and creative industry; with a product or service on the market.

The Call targets MSMEs looking to pilot and or scale their inclusive business models and solutions (inclusive business models and solutions are enterprises that include low-income people as customers, as owners, employees, producers and entrepreneurs at various points within the value chain).

Successful Applicants can receive from USD 10,000 up to a maximum of USD 40,000 in cash and/or in-kind support (goods and services) through this Innovation Challenge Fund. Successful Applicants might also receive 24 months of tailored business development services and enterprise development training from the Stanbic Business Incubator and mentorship from UNDP Accelerator lab to foster the nexus between business development services and development solutions.

MSMEs interested in accessing the support from the Innovation Challenge Fund and Growth Accelerator component of the Youth4Business Innovation and Entrepreneurship Facility should submit proposals and other related documents to tenders.kampala@undp.org no later than 23:45 hours (East African Standard Time), Friday 07 August, 2020.