Calls for Applications

RfP: Support to Agricultural Revitalization and Transformation (START) Funding Facility

  • August 16, 2018

  • Calls for Applications

Summary

The START funding facility is designed to support the implementation of DINU food security and nutrition component. The Facility is intended to offer access to affordable medium-term finance for agricultural value adding projects in Northern Uganda through provision of Business Development Services and seed capital in the form of concessional loans, grants and partial guarantees. START is structured as a blended facility providing a customized mix of Business Development Services, project development and structuring services, and financial products. These three lines of business are managed by the three participating institutions PSFU, UNCDF and UDBL respectively.

Call for Proposals

With this Call for Proposals, START is inviting proposals for commercially viable investment projects focused on agro-processing / value addition e.g. processing plants, storage facilities and any other agricultural value addition projects.

Priority will be given to projects that contribute to economic empowerment of women and youth as well as to projects that aim at reducing environmental risks and ecological scarcities.

Services offered by the START Facility to project developers

  • Business Development Services.
    - Support in development of grant/concessional loan applications, Legal support, Technical and management training.
  • Project preparation and development services
    - Targeted technical project development and financing support to project developers (e.g. enhanced project documentation, due diligence and financial structuring).
    - Preparation of project investment documents in the format acceptable to commercial banks and investors.
    - Provision of capital grants, credit enhancements/guarantees.
    - Provision of business development services grants.
  • Financial services - link developers to financial institutions and investors
    - Preparation and issuance of term sheets & loan agreements.
    - Issuance and administration of concessional loans.
    - Leveraging funds from other commercial and development finance institutions.
    - Monitoring and management of concessional loan servicing and repayments.

Instructions for submitting proposals

Only properly completed submissions will be reviewed. A complete submission consists of the following submission form where the applicant must fill out all sections:

The Call for Proposal Submission Form (Word) which can be downloaded at www.psfuganda.org.ug

Any supporting documentation must be submitted in separate documents.

The word submission form must be submitted in their original formats (Word) along with any supporting documentation to the following recipient: cfpstart@psfuganda.org.ug with the subject line “START APPLICATION”. Only one application per entity and per proposal will be accepted.

IMPORTANT NOTICE

  1. Language of proposal: Proposals must be submitted in English
  2. Deadline for submission: The deadline for submission of the investment proposals is 21st August 2018.
  3. Please note: Applicants who do not submit the word submission template in its original format within the deadline will not be considered, and successful applicants will be contacted after the deadline.
  4. Successful longlisting: START will endeavour to inform Successful and Unsuccessful applicants for the longlisting by 21st September 2018. Those applicants who will not have been contacted by then should consider their proposals unsuccessful.
  5. Inquiries: For additional inquiring about the application process please send your inquiry to: cfpstart@psfuganda.org.ug with the subject “INQUIRY”.
  6. Acknowledgement of receipt: START will acknowledge receipt of your email by replying to the email address from which the application was sent.

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