Grants Application Process
Step 1. Promotion/Outreach; Calls for Proposals
Step 2. Submission of Concept Notes; Initial Evaluation
Step 3. Announcement of First Shortlist; Preparation of Full Business Proposals
Step 4. Announcement of Second Shortlist; Final Award list drawn up.
Step 5. Due Diligence – Business Compliance Checks, Site Visits etc.
Step 6. Grant Agreements (Project Milestones, Performance Indicators, Payment Schedule)
Step 7. Grantee Procurement of Equipment/Services; Supplier Contracts
Step 8. Project Implementation of Grants
Step 9. Monitoring and Verification of Equipment/Services; Monitoring & Evaluation of Projects
Step 10. Completion of Projects and Final Payments
Applicant eligibility criteria & Evaluation criteria
Small /Medium businesses
Privately owned with transparent ownership.
Applicant must be either a) individual enterprise or b) group of enterprises represented by a designated lead enterprise c) corporation
Enterprises must be registered by applicable municipality. For larger grants, applicants must be in process of incorporation
Enterprises must be in operation for at least one year with satisfactory financial statements
Evaluation criteria of proposals:
Economic Growth Impact – Employment creation, higher incomes, local production
Technical Experience– Technical skills, sector experience, business know-how
Financial viability, Cost Effectiveness and Technical Feasibility – Commercial sense, profitability analysis of project, ability to execute
Market Analysis- Supply & Demand of the market, level of competition
Business Management Experience: Local management experience
SMEF: Small Medium Enterprise
BDO LLP, a project management consultancy, has been awarded the contract to implement the World Bank funded Small Medium Enterprise Fund. The overarching objective of the SME Facility is to assist Somali entrepreneurs, especially SBCF grantees, to plan, implement, manage, and develop successful businesses. The Facility will also manage a pilot - the Skills Training and Entrepreneurship Project (STEP) - which seeks to develop sustainable self-employment and market access for female youth.
Specifically SMEF will:
- Providing technical assistance, training, and coaching to Somali entrepreneurs and investors,
- Building the capacity of Business Service as well as Business Development Service providers
- Providing Business Services and Technical support to prospective SBCF grant recipients
SAP: Small Medium Advisory Panel
The SAP is a government oversight committee comprises of senior Government officials and representatives of the private sector or non-State institutions. The role of the SAPs is to provide oversight and strategic guidance of both the Somali Business Catalytic Fund (SBCF) and the Small and Medium Enterprise Assistance Facility (SMEF). Each region has its own SAP.
There are three main aspects of the SAP’s role with respect to the SBCF: these are: a) strategy and policy; b) dispute resolution, and c) support to grant decisions.
As the SAP’s role is advisory and strategic it is not involved with the day-to-day operation of either the SBCF or the SMEF. Neither the World Bank nor the Government is involved in decisions on grants which is taken by the SBCF Fund Manager outside the political process, based on objective developmental and commercial criteria. The independent position of the Fund is critical and is designed not only to ensure commercially oriented decisions but also to provide space for the Government to resolve problems and to perform an ‘honest broker’ role.
The World Bank retains general oversight of the Grant process through its overall management responsibility for the SBCF and the SMEF under the SCORE program.