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Community Livelihoods Project in Yemen

0
Type
GRANTS AND FUNDING
Application Difficulty
EASY
Time To Complete4 weeksProgram Budgetno cap
See If You Qualify

Highlights

This program is designed for businesses like yours in Yemen, particularly in areas facing instability. With approximately $65 million available for various initiatives, your company can tap into funding that supports job creation and community development. This opportunity allows you to enhance your services, grow your business, and become a crucial part of fostering positive change in your local area.

By participating, you’ll gain access to flexible funding options that don’t come with strict revenue requirements or employee limitations. This means you have the freedom to innovate and implement projects tailored to your community’s needs. Being part of this initiative means joining hands with local organizations and building relationships that can make a real difference. Your involvement can lead to a stronger business presence while contributing to the greater stability of your region.

Financing Details

Type of Financing
This program offers grants. Grants do not need to be repaid, making them a valuable resource for businesses like yours.

Repayment Terms and Interest Rates
Since these are grants, there is no repayment term or interest rate involved. You're not obligated to pay back the funds, which means you can use the money to grow your business without the stress of future repayments.

Eligible Expenses
Eligible expenses include costs related to job creation, government service delivery, and local governance initiatives. You can use the funding to support projects that engage the community and improve local conditions.

Ineligible Expenses
The funds cannot be used for personal expenses, luxury items, or any expenses unrelated to the project objectives. It's crucial to stay aligned with the project goals when planning your use of the grant.

Fees
There should not be any fees associated with this program. You receive the funding without additional hidden costs, allowing you to focus solely on your initiatives.

Qualifications

  • Location: Must be based in Yemen, particularly in unstable areas.
  • Sectors: Open to all sectors.
  • Minimum Employees: No minimum employee requirement.
  • Maximum Employees: No maximum employee limit.
  • Minimum Company Revenue: No minimum revenue requirement.
  • Maximum Company Revenue: No maximum revenue limit.
  • Legal Structure: Applicable to all legal structures.
  • Profit Structure: Open to all profit structures.

Disqualifications:

  • No specific disqualifications mentioned.

Description

This initiative aims to create jobs and strengthen local communities in Yemen. With a focus on youth under 25, the project will help improve government services and boost civic participation. By doing so, it addresses key challenges in unstable areas.

While specific amounts of funding have not been set, the total pool is approximately $65 million. This funding can support various projects across all sectors. You can use it to grow your business, enhance services, or implement community programs.

The payback period details are not specified, offering you potential flexibility. This is a chance to engage with innovative tools and local organizations to navigate and contribute to community stability in Yemen. By participating, your business can play a significant role in fostering change and development in the region.

Program Steps

  1. Visit the Program Website
    Go to the official program website to gather information on the application process and requirements.

  2. Prepare Documentation
    Gather the necessary documents needed for your application. This may include:

    • Business registration documents
    • Tax identification number
    • Financial statements (recent)
    • Project proposal outlining your intended use of the funding
    • Evidence of community engagement efforts (if applicable)
  3. Develop a Project Proposal
    Create a clear and concise project proposal. Outline how your business will utilize the funding to promote job creation and community development.

  4. Connect with Local Organizations
    Reach out to local organizations that may be involved in the initiative. Collaborating can strengthen your application.

  5. Complete the Application Form
    Fill out the necessary application form available on the program website. Ensure all sections are completed accurately.

  6. Submit Your Application
    Send your application along with all required documents before the deadline set by the program.

  7. Follow Up
    After submission, follow up to ensure your application is being processed and check for any additional requirements.

Visit Program Website