Overview

Donor: Challenge Fund for Youth Employment (CFYE)
Application procedure: Concept Note
Donor base: Netherlands
Reference number: -
Eligible applicants: Non-Profit Organisation, Social Business
Deadline: 07.11.2022

Financial details

Grant size: Medium - up to $1,000,000
Minimum grant size: -
Total available budget: -
Funding type: Grants
Maximum grant size: 200.000€
Funding ratio: Co-funding required

Sectors

  • Capacity Building
  • Children & Youth
  • Economic Development
  • Women & Gender

Project Locations

  1. Africa

      Nigeria

Description

1) Objective

CFYE’s second Call for Solutions in Nigeria will focus on expanding on the work currently being done by existing partners in the country by supporting scalable private sector led initiatives that can create employment opportunities for youth, particularly those in rural areas with lower levels of education and women. In particular, they are seeking:

  • Business models that have been piloted, have proven concepts and are looking to scale.
  • Innovative models that aim to address systemic bottlenecks and bring about improvement to whole ecosystems.

2) Eligibility

CFYE is calling for innovative and demand-driven projects from either private sector organizations or private sector-led consortia that will maximize employment opportunities for youth (especially women) under two thematic windows. The lead organization or at least one of the consortium partners, has a local operating presence in the country.

3) Location

Actions must take place in Nigeria.

4) Budget

The applicant’s co-investment must be at least equal to the contribution requested by CFYE. The minimum CFYE co-investment is € 200,000. Sources of co-funding have to be approved based on the guidance provided​​. The Challenge Fund for Youth Employment will apply a competitive process to select the projects that will receive a grant. That means that only those projects that present a clear and convincing pathway to employment, lead to significant and sustainable results in terms of decent employment for youth, with a focus on young women, and can demonstrate high leverage will be selected.

5) Application

They expect all Concept Notes to be submitted by 7 November 2022.

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