The United Nations Capital Development Fund (UNCDF) invites applications for innovative business models that addresses women livelihoods in Bangladesh through the increased sustainability of the ready-made garment (RMG) sector.
The UNCDF support will be geared towards enabling the emerging solutions to be piloted and / or upscaled in Bangladesh.
The solutions must be innovative and sustainable to allow for continuity beyond the support provided by UNCDF and its implementing partners.
UNCDF will provide a grant and technical assistance to selected applicants.
The successful partners will sign a Performance-Based Agreement (PBA) with UNCDF.
Utilize This Offer
This Request for Applications (RFA) invites eligible organizations to submit proposals to be assessed for potential grant funding that realizes digitalization opportunities to improve livelihoods and overall sector sustainability.
1. The applicant / lead applicant must:
a) be a registered entity in its country of operation;
b) have at least one year of operations;
c) have statutory accounts and audited financial statements for at least one operating year;
d) be based anywhere globally, but the project implementation and solution must focus on RMG sector digitalization in Bangladesh;
e) have an existing solution having tested a proof of concept that is ready to undergo pilot testing for a duration of 9 months;
f) contribute at least 30 percent of the project’s cash Costs (costs may include technical infrastructure, resources, and operations);
g) partner with a regulated institution in the country to deliver the solution, IF it does not have regulatory approval to pilot the proposed solution in Bangladesh.
2. Proposed solutions shall be in one of the two areas of intervention:
• Area 1: Innovative solutions based on sound business models addressing health, well-being, security, safety, finance and digital, financial and legal literacy needs at the worker and household level;
• Area 2: Innovative solutions based on sound business models addressing sustainability data reporting, performance management, governance, social and environmental sustainability needs at the enterprise level.
Consortium or joint applications between market players in Bangladesh are encouraged if the proposed solution will expand RMG sectors digitalization with a particular focus to benefit women.
UNCDF grant contribution may range from US$30,000 to US$50,000 per applicant and may include technical assistance support and / or mentorship services to the applicants selected under this RFA.
The proposed solution must be implemented within a project duration of 9 months after the signature of the Performance-Based Agreement (PBA) and terminating not later than December 2022.
All applications must be submitted on-line by 23:59 EST (the New York time zone) on 23 January 2022.
For more information, please visit https://www.uncdf.org/article/7362/rfa-ready-made-garment-sector-in-bang...