Challenge Fund for Youth Empowerment in Ethiopia Application Form is out register here. Challenge Fund for Youth Empowerment (CFYE) is calling for innovative private-sector-led solutions that create, improve, or match decent work for youth in Ethiopia, with a focus on women in particular.
This article contains brief about Challenge Fund for Youth Empowerment in Ethiopia, How to register for 2022 Challenge Fund for Youth Empowerment in Ethiopia and requirements.
Requirements for 2022 Challenge Fund for Youth Empowerment in Ethiopia
- Principles: Should be able to adhere to CFYE’s guiding principles & priorities.
- Exclusion Criteria: The project and organizations involved in delivering the project must pass the FMO exclusion criteria.
- Local Presence: You (the lead organization), or at least one of your consortium partners, has a local operating presence in the country.
- Legality: The Lead Organisation must be a legally registered private sector entity.
- Total Targets: The proposed project will create, match, or improve at least 250 jobs for young men and women.
- Women Targets: Of the total youth employment created, matched, or improved, at least 50% are women. Note, however, that the higher this percentage is, the more competitive your Concept Note will be.
- Decency of Jobs: Any jobs or dependent self-employment should require no more than 48 hours/week of work and respect the other requirements of the Ethiopian Labour Proclamation (No. 1156/2019), and jobs created should be maintained for at least six months.
- Private Sector: Only private companies can be lead applicants, but they may partner with other organisations such as NGOs or government institutions.
- Leverage & CFYE Contribution: We generally provide co-funding of 10-50%. The minimum co-funding of CFYE is 100.000 EURO, meaning total project budgets equal at least 200.000 EURO without a maximum value at this stage.
- In-kind contribution: Your co-funding consists of a maximum of 30% of in-kind contribution. The remainder should be a cash contribution.
- Youth: The jobs created, matched, or improved would be for youth aged 18-35 years. Unless the minimum working age is otherwise stipulated by local labour laws.
- Employment type: Initiatives in both the informal and formal sectors are eligible. However, they should focus on wage employment or semi-employment (working with agents or other semi- self-employed positions as part of a company’s business model).
- Business Development stage: We are looking for tested concepts ready for scaling up or scaling out (meaning already scaled up but ready to diversify). Idea stage projects are not eligible. Lead applicants need to have been in active business for at least 2 years.
How to apply for 2022 Challenge Fund for Youth Empowerment in Ethiopia
To apply online, Visit the Official Webpage of the Challenge Fund for Youth Employment
Application Form Deadline for 2022 Challenge Fund for Youth Empowerment in Ethiopia
The closing date is on the 31st of January 2022
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