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aug
19

Common Fund for Commodities: seventh call for proposals

The Common Fund for Commodities (CFC) invites applications for support of commodity development activities in its member countries. The financial support is mainly targeted to for-profit organisations and social enterprises operating in commodity sector. The deadline for submission of proposals for the next call is October 19, 2015.

The CFC provides a range of financial instruments for the support of business activities in the field of
commodity development, including agriculture, minerals and metals in Developing Countries that,
besides giving a sound financial return, also provide for a measurable social and environmental return.

The financial support for any individual intervention can be in the range of $ 300,000 to $ 1,500,000 or an €-equivalent. The applicant organization must provide matching funds from their own resources (and those of their or third parties) at least equal to, or greater than, 50% of the total cost of the project. The CFC funding will be 7 years (2 years for disbursement of CFC funds and a further 5 years for repayment of debt/loans/ repayable grants etc.).

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