Fund for promoting Innovations: Innovation Fund

Shared by Dawit Gebregziabher

What?

The name of the call is Innovation Fund (Second call for Projects). Its objective is “to promote innovations in various agricultural sub-sectors in Ethiopia that benefit

Agri-pro-Focus

smallholder farmers”. This objective can be met (i)by liking the applicant company/ies to other actors such as buyers, cooperatives, NGOs, research institution, Universities and some other organisations; (ii)  by informing the companies about the latest technologies and developments through different  modes of communication such as business platforms, personal meetings and innovation opportunity reports. It offers 50% of co-financing grant with a maximum of 25,000. Out of this grant, 80% will be provided at the beginning of the project phase and the 20% will be provided after the approval of final report and expenses.

 

 

What the fund is looking for: the project should be on poultry, aquaculture, legumes, spices, sesame, potato or the dairy. Project should introduce new or improved technologies, business models, and service delivery methods to Ethiopia. Directly or indirectly, the project should benefit smallholder farmers and it should be implemented within a year.

Who?

The applicant should be an Ethiopian company with licence, but partnership with other organization research institutes, Universities etc is possible. These partners can involve in more than one project. Applicants can not granted fund for more than one project at a time. Applicants should be willing to submit quarterly progress updates. The applicant should co-finance the project with 50% (both in cash or in-kind), 20% should be in-kind.

How?

The probability of acquiring the grant could be enhanced by including the following elements in the concept note and proposals; these include technical approach, economic viability, implementation capacity, value for money and additional and impact of the project. Therefore, my personal suggestion is the groups either form Universities and research institutes should consist of different disciplines according to the nature of the call to perform interdisciplinary work, which can solve multiple problems at a time. For example for this call, I recommend the group to consist: Agricultural Economist or related field, Animal researcher, crop researcher, horticulture researcher etc actually it depends on the proposal to be developed. The other requirement is to get an Ethiopian company with licence.

Applicants are strongly advised to call and discuss with Agri-Pro Focus Ethiopia before applying for obtaining more detailed information.

When

Here are the important dates (deadlines) about this call

18 August 2017          Deadline for submission of concept notes

29 September 2017     Announcement of selected projects

27 October 2017         Deadline for submission of proposals for selected concept notes

01 December 2017      Announcement of approved projects

29 December 2017      signing of contract and first disbursement for approved projects

Follow the link to apply: https://agriprofocus.com/post/596f716926b72a19f3ce0399

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