Call for Cluster Proposals
The Compete Caribbean Partnership Facility (CCPF) is looking to provide support to cluster initiatives that can help Caribbean firms grow, generate employment and export to new markets.
For the purposes of this call, the clusters under consideration need to be comprised of at least three private sector firms collaborating to increase competitiveness on the regional or international market. Cluster projects can include other entities such as educational, research or government agencies.
Proponent entities should be in one of the following 13 countries: Bahamas, Barbados, Belize, Guyana, Jamaica, Suriname, Trinidad and Tobago, Antigua and Barbuda, Dominica, Grenada, St. Lucia, St. Kitts and Nevis, and St. Vincent and the Grenadines.
Grant funds awarded will cover consultancy services such as cluster management, training, market research, business development, process reengineering, research & development, etc. Grants will be allocated on a competitive basis and will require approval by an independent Investment Panel (IP) and by the IDB.
CCPF funding for the cluster projects selected will be in the form of non-reimbursable grants for technical assistance. The grant amount applied for should be up to a maximum of US$300,000, and should represent, at the maximum, 80% of the total project budget. Note that the proponent entity should commit the other 20% of the project budget (counterpart contribution), half of which must be in cash.
Additionally, qualifying cluster projects will be considered by CCPF to receive assistance from a professional consultant to further develop the submitted project proposal into a Cluster Development Plan (CDP), where the proposed cluster initiative is validated, and the project is elaborated in further detail as required for IDB’s project approval process.
Funds will be awarded to shortlisted cluster projects, subject to the following conditions: (a) the CDP is recommended for funding by an independent Investment Panel (IP); and (b) a legal agreement to use CCPF/IDB funding and counterpart resources towards the implementation of the selected model/project has been signed by both parties. Note that the IP and CCPF may stipulate additional requirements, prior to disbursement of funds.
WHO CAN PARTICIPATE
The invitation to participate in the call is open to entities from Compete Caribbean’s 13 beneficiary countries: Bahamas, Barbados, Belize, Guyana, Jamaica, Suriname, Trinidad and Tobago, Antigua and Barbuda, Dominica, Grenada, St. Lucia, St. Kitts and Nevis, and St. Vincent and the Grenadines.
Cluster projects proposed for funding should be succinctly described in the Application Form and submitted by a formally registered private entity (lead institution) on behalf of the cluster members. Applications must demonstrate strong buy-in and leadership by the private sector firms in the clusters. Eligible organisations that can be part of a cluster project include private sector firms, business support organisations (BSOs), industry associations, trade and investment authorities; regional association organisations; small business development centers, NGOs, universities, etc. Notwithstanding other participants, eligible cluster projects must have three or more businesses working together.
Launch of Call: May 06, 2019
Deadline to sign-up for Webinar: May 28, 2019
Webinar for Questions & Answers: May 31, 2019
Submit concept notes: May 06 – July 01, 2019
Final submission deadline: July 01, 2019 (before midnight, EST timezone)
Expected Announcement of Selected concept notes: August 2019
Technical Assistance for Cluster Development Plan: September – November 2019
Review of Cluster Development Plan by Investment Panel, pitch presentations by shortlisted cluster leaders to Investment Panel, and final selection – December 2019
DATES ARE APPROXIMATE AND SUBJECT TO REVISION
For more information on the call for cluster proposals and for supporting documentation, please see the below links: