Who can apply? Growth and larger established businesses.

• All applicants must be able to demonstrate how their proposed project will benefit refugees and host communities ((mainly refugees with registration and work permit testimonial) )
• Your business must be able to sign a grant agreement with MoLS should you be successful in applying for a grant.
• You must have the relevant business license renewed for the latest year
• You must also have a Tax Identification Number (TIN) and Fayda Name & Number.
• Your business must also have a dedicated business bank account in order to receive the grant
• The Business must operate at least 5 Fisacal years.
• Individuals or organizations awarded grants in the first round are not eligible to apply in this round.

What size of grant can I apply for? Between 20,000 EURO and 200,000 EURO (BIRR Equivalent)

• Applicants are strongly encouraged to request an amount closer to the lower end of this range and ensure that proposed budgets are realistic and well-justified. Overestimated budgets, among other factors, may reduce the chances of success in the grant competition.
• Value for money is a key consideration for the Fund and costs should not be inflated (i.e. the amount of grant money requested should be proportional to the size of employment deem to be created)
• The size of grant you apply for should not be larger than your total annual sales or annual turnover

What type of cost can be covered by the grant?

• Personnel costs of the team members working on the project
• Costs of technical assistance such as short-term consulting support
• Travel and accommodation costs (where necessary for the project)
• Equipment and small-scale infrastructure
• Office costs including telephone and internet

What type of cost cannot be covered by the grant?

• Purchase of land or buildings
• Purchase of vehicles
• Entertainment and hospitality costs
• Items already funded through other programs or institutions
• Finance costs or repayment of debts

Do I need to share any costs?

• All applicants must be able to demonstrate that they are able to commit resources(match) in cash or in kind of at least 10% of the total project costs themselves
• In-kind costs can include the value of your time, the use of premises and equipment, or other resources you may be contributing to the project

What length of grant can I apply for?

• The grant period is maximum of 24 months covering the implementation of the project.
• Grant monies must be spent and reported on within this 24 month period

Can I operate outside of Addis?

• Currently the focus of the Fund is restricted only to target groups operating in Addis Ababa regional administration. Applicants must be able to evidence this.