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  • Projects that meet the requirements may submit applications for financial support to the Common Fund for Commodities (CFC) | 23rd CALL FOR PROPOSALS

Projects that meet the requirements may submit applications for financial support to the Common Fund for Commodities (CFC) | 23rd CALL FOR PROPOSALS

Deadline: oct 1, 2023 | Projects that meet the requirements may submit applications for financial support to the Common Fund for Commodities (CFC) | 23rd CALL FOR PROPOSALS |

SMEs in the commodity sector will be supported through impact financing for the global value chain.Projects that meet the requirements may submit applications for financial support to the Common Fund for Commodities (CFC). For special needs of SMEs/enterprises/businesses, cooperatives and institutions along the full commodity value chain in its member nations, the CFC can provide a variety of financial and technical instruments of support.

The Sustainable Development Goals are to be achieved by investing in the value chains of commodities, and eligible projects must be based in one of the CFC Member Countries. Successful applications will have a definite and observable ability to improve the lives of the most vulnerable individuals who depend on commodities in a lasting and beneficial way.

OUR PURPOSE

to help reduce poverty by enhancing commodity farmers’ ability to generate income and reducing their exposure to risks to their financial security.

WHAT WE SEE

  • To boost and diversify the commodities industry in emerging markets and transform it into a key driver of poverty reduction, long-term economic growth, and development.

  • As part of our objective to reduce poverty, the CFC will support initiatives that invest in the poorest and most vulnerable individuals along global value chains. These initiatives could be in the areas of production, processing, financing, marketing, research and development (R&D), etc.

  • To alleviate more people from poverty, quality project ideas from LDCs (Least Developed Countries), LLDCs (Landlocked Developing Countries), and SIDs (Small Island Developing States) would be given priority.

  • The CFC anticipates that its participation will foster innovation that leads to positive change along the value chain, generating more income for all participants, ensuring equitable benefit distribution, and enhancing the social and environmental wellbeing of its most underprivileged members at the base of the pyramid.

  • Applications offering ground-breaking fixes for the commodity industry are welcomed by the CFC. New agritech applications, agroforestry, agro-ecology-themed innovative productivity practices, regenerative technologies, increased access to renewable and affordable energy, expansion of environmental services, speeding up the digital and green recovery, enhancing nutrition security, climate-friendly practices contributing to biodiversity, preventing deforestation, digitalization, financial inclusion, blockchain, and other traceability solutions may be among them.

  • Loans for capital purchases, working capital, or trade finance can be used to support investments in productivity and value chain upgrading involving smallholders and/or SMEs. Applications must be economically, socially, and environmentally sustainable as well as clearly demonstrate operational and financial viability. Applications are especially encouraged from women business owners.

How to Apply:

We cordially encourage all interested SMEs, enterprises, businesses, cooperatives, and governments to submit qualifying ideas by Oct. 1, 2023.

Please take note that ONLY ENGLISH submissions of the application form, balance sheet, and income statement are accepted.

Please download the application form for the request for proposals as well as the balance sheet and income statement for complete information: