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Call for Proposals: SAARC Development Fund, Thimphu, Bhutan

Call for Proposals: SAARC Development Fund, Thimphu, Bhutan

SAARC Development Fund (SDF) was established by the Heads of the eight SAARC Member States in April 2010 and is governed by the Governing Council comprising the Finance Ministers of SAARC Member States. SDF is inviting cross border Project Proposals (to be implemented strictly in the SAARC Member States) under Co-Financing mode, jointly funded by various Banks/FIs, RDBs, Corporate Sector etc.

Eligibility Criteria:

Economic & Infrastructure Windows (E&I)

(a) At least have 2 or more SAARC Member States participating in the proposed project.

(b) The Project proposal should aim towards commercialization.

Social Window (SW)

(a) At least have 3 or more SAARC Member States participating in the proposed project.

(b) Project should aim towards the social development with sustainable business model.

Terms & Conditions

(a) Under E&I Windows, funding mechanism will be 100% secured loan (Concessional/Non-Concessional) under the co-financing mode.

(b)Under SW, Grant will be disbursed under the 50:50 co-financing mode (SDF: The proponent/ IA/FIs/Banks or any other funding institution).

(c) Under SW, 100% Grants can be considered if the project originates from SAARC bodies.

(d) Under SW, Minimum of 5 years experience in the relevant field with a commitment of co-financing is required from the Implementing Agencies / the proponent including ; NGOs, Private/Public Sector, Government Bodies & Ministries.

The interested applicants are requested to submit their project proposals (Concept Notes along with DPR) in a password protected file to info@sdfsec.org. For further details , please contact SDF on +975-2- 321152/ 53 or visit www.sdfsec.org.