Deadline: 13th November 2023 | Transform Together Fund Call for Proposals
Are you committed to promoting progress in the fields of green and digital technology? If so, you should answer this call!
FOR TIMELY UPDATES JOIN OUR WHATSAPP CHANNEL AND TELEGRAM 1 , TELEGRAM 2 CHANNELS
This is a request for proposals (CfP) that MFC and Cerise are putting out as part of the Transform Together Fund (TTF) project: a green and digital transition fund for microentrepreneurs and social finance operators. TTF is a project that will be operating from August 2023 until July 2025. The European Commission is providing funding for the initiative through the European Social Fund Plus (ESF+), namely the Employment and Social Innovation (EaSI) strand.
The TTF seeks to encourage cutting-edge green or/and digital strategies or solutions that will assist weaker microentrepreneurial organisations.
These novel techniques should be novel in the market in which your organisation works, novel for a particular target audience (even if identical solutions already exist, as long as this group hasn’t utilised them), or novel for your organisation. If it’s something new for your organisation, they’ll want to know how it compares to and differs from what other market participants in the social economy are doing.
The candidate can decide whether to concentrate on the green or digital topics in their application; working on both themes is not required.
Mission Focus
They are working to close the digital and green divide for marginalised microentrepreneurial groups, including low-income women, farmers, migrants, and refugees. They lack the skills and means to adopt technological and environmentally friendly solutions. You can help here, of course!
Financial Details
- Each applicant is eligible to apply for a grant of up to €50,000. They want to improve their target groups’ knowledge and habits in the green or digital fields with your creative solutions. For projects that are approved, the programme offers co-financing of up to 90%.
Examples of Potentially Funded Activities
- Activities to build capacity for beneficiaries or the applicant organisation (such as trainings); if the activity is to build capacity for the applicant staff, it must make it abundantly apparent how the beneficiary would profit from the organisation staff’s knowledge.
- the development and testing of new green and/or digital social innovation techniques and solutions from which the recipient would profit (for instance, by introducing new digital/green solutions into their firm).
- Creating and testing approaches that will enable beneficiaries to receive already created educational resources or items that will make them more digitally/environmentally conscious.
- Research efforts that culminate in the creation and testing of a solution (research findings cannot constitute the project’s conclusion).
- Making an ecosystem (partnerships) to use corporate waste that harms the environment can assist recipients in implementing green or digital practises.
- Activities pertaining to the creation of cutting-edge digital/green products.
- Highlighting green/digital microbusiness owners and their pertinent methods.
Why should you care?
In addition to awards, they present a variety of opportunities:
- Taking part in training and peer-to-peer programmes.
- Availability of professional mentoring and capacity building.
- The opportunity to help up to 10,000 persons in a constructive way.
Eligible Expenses
- Occurred throughout the course of the project.
- Pertinent to the suggested activities; examples:
- Staff expenses
- Expenses for outside specialists
- Relevant software and equipment for project activities
- Travel expenses
- Subcontracting for Rentals
- Fees charged by banks (connected to project activity)
Suitable Candidates
- The following requirements must be met by the application in order for it to be accepted: It must be a legal entity; It must be based in one of the EU member states, including their overseas territories; or Norway;
- A microfinance institution, national microfinance association, non-governmental organisation, or regional network that promotes financial inclusion are all examples of social finance actors.
- Target populations (beneficiaries) who ought to gain from the suggested action:
- Low income, women, migrants/refugees, and microentrepreneurs (including farmers) are vulnerable groups
For more information, visit the Microfinance Centre for further details.
