The Facility « Investing for Employment » (IFE) is an investment mechanism created by KfW Development Bank (KfW) on behalf of the German Federal Ministry for Economic Cooperation and Development (BMZ) as an integral part of the “Special Initiative on Training and Job Creation” helping to meet this growing need for new long-term jobs on the continent.
Application and selection process
IFE selects projects through a competitive, objective and transparent two-stage application process:
- Stage one invites applicants to submit Concept Notes. After an eligibility verification, Concept Notes will be scored and the most promising will be shortlisted based on both qualitative evaluation criteria and key performance indicators (KPIs), related to the number of decent jobs created.
- Stage two: Only shortlisted applicants will be informed to develop a detailed Full Project Proposal.
The Facility invites companies and other interested organizations, both public and private, to submit project proposals for this round of competitions by 30 April 2021 at 17:00 CET.