The Logistics Innovation for Trade Challenge Fund is an initiative of TradeMark East Africa (TMEA) whose main objective is to reduce the cost and time of transport and logistics in East Africa. The Challenge Fund aims to promote innovation that will lead to improved efficiency and service quality within the EAC.
LIFT is inviting Project Concept Notes (PCNs) from private companies in the industry and those providing services to it and intending to operate in the EAC. Grants of between $150,000 and $1,000,000 will be awarded to successful applicants who will be required to provide matching funds of at least 50% of the project value. Online application forms, assessment criteria and eligibility criteria can be found here.
The application period for the submission of Project Concept Notes will remain open from 8th of April 2016 to 12th of August 2016.
LIFT is organizing an event at the City Hill Hotel, Bujumbura, Burundi on the Tuesday the 10th of May 2016. The event will be held at the City Hill Hotel from 8.00 a.m. to 2.00 p.m.
Some of the subjects which will be covered:
Why Logistics and Transport Matter
What LIFT is Looking For
and a LIFT Round 1 Grantee’s statement on ‘Lessons Learned from working with a Challenge Fund and the Role of Partnership in Ensuring Successful Project Implementation’
Make your own views known in the Question and Answers Session. There will also be opportunities for one-to-one meetings with the LIFT team to discuss project ideas and how they may fit with LIFT’s qualifying eligibility criteria.
Please fill in the form below to register for the event.