From: isaac nkoroi
Subject: FUNDING FOR INNOVATIVE TRADE PROJECTS IN EAC COUNTRIES (KENYA, UGANDA, TANZANIA, RWANDA & BURUNDI)

TradeMark East Africa Challenge Fund (TRAC) invites the private sector and the civil society to apply for grant funding to support innovative trade projects that can boost regional trade in the East African region and the region’s trade with the rest of the World.

Best,
Isaac

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advert-TRAC.pdf

FUNDING FOR INNOVATIVE TRADE PROJECTS IN EAC COUNTRIES (KENYA, UGANDA, TANZANIA, RWANDA & BURUNDI)

TradeMark East Africa Challenge Fund (TRAC) invites the private sector and the civil society to apply for grant funding to support innovative trade projects that can boost regional trade in the East African region and the region’s trade with the rest of the World

The Grants of between US$250,000 to US$350,000 per project will be offered to private companies, private sector organizations and civil society organizations on a 50% matching basis for private companies and private sector associations and 70% for civil society organizations. The grants will be awarded under three Windows

Window one: Business innovations that will increase Trade. The project should be innovative, aim at increasing cross border trade, has great potential for social welfare gains and has potential for commercial viability

Window two: Catalyzing innovation in services that enable cross border trade. The project should be innovative and should aim at reducing the cost of trade in East Africa. Potential beneficiaries will include firms operating in Finance, ICT, Insurance, Professional, and logistics services. Projects will be required to demonstrate the potential to increase access to and/or reduce the cost of services needed to trade across borders

Window three: Innovative ways of gathering evidence and mobilizing public opinion.TRAC will support innovative projects that can gather evidence of the way barriers to trade harm the public interest and mobilize public support for reforms that will lead to greater regional integration.

The TradeMark East Africa Challenge Fund (TRAC) is a project funded by TradeMark East Africa. TRAC invests in innovative projects that can boost regional trade in the East Africa Community (EAC) and the region’s trade with the rest of the world. Innovative projects, proposed by private firms that have the potential to boost cross-border and international trade will be eligible for funding. Innovative projects that benefit large number of men and women and promote climate resilience and environmental sustainability will be given preference. Women owned or managed businesses are particularly encouraged to apply

The guidance for the technical evaluation panel and the online application form are available from our website:

WWW.TRAC-FUND.COM
Online applications shall be received from 7th
October 2013 and close on 18th
November 2013.
For inquiries, clarification and further information, please contact us at: Email: info@trac-fund.com