Deadline: 1st April 2024
The Common Fund for Commodities (CFC) invites applications for financial support from qualifying projects along the commodity value chains from SMEs/other businesses for alleviation of poverty. The CFC can offer a range of financial and technical instruments of support to meet specific needs of SMEs/enterprises, cooperatives, and institutions along the entire commodity value chain in its member countries.
Eligible projects are based in one of the 101 CFC Members Countries and intend to contribute to the Sustainable Development Goals by investing in commodity value chains. Successful applications will demonstrate clear and visible potential to achieve sustainable positive impact on the livelihoods of the poor people who depend on commodities. To speed up the process, applications backed up by sovereign and/or other guarantees are preferred.
Funding
- Financing can be provided in the form of loans for capital expenditures, working capital or trade finance to invest in productivity and value chain upgrading involving smallholders and/or SMEs. Applications should clearly show operational and financial viability, and be economically, socially and environmentally sustainable.
Eligibility
- Eligible projects are based in one of the CFC Member Countries and intend to contribute to the Sustainable Development Goals by investing in commodity value chains. Successful applications will demonstrate clear and visible potential to achieve sustainable positive impact on the livelihoods of the poorest people who depend on commodities.
- Quality project proposals from LDCs (Least Developed Countries), LLDCs (Landlocked Developing Countries) and SIDs (Small Island Developing States) will be given priority to alleviate more people from poverty.
- The CFC encourages applications proposing innovative solutions for the commodity sector. These may include new agritech applications, agroforestry, agro-ecology themed innovative productivity practices, regenerative technologies, increased availability of renewable and affordable energy, expanding environmental services, expediting digital and green recovery, adding to the nutrition security, climate friendly practices contributing to biodiversity, preventing deforestation, digitalization, financial inclusion, blockchain and other traceability solutions.
- Women entrepreneurs are especially encouraged to apply.
For more information and application.