Tunisia Resilience and Community Empowerment (TRACE)
Highlights
This program is an incredible chance for your business to access up to $49.7 million in funding over five years. With no restrictions on revenue or employee count, it’s designed to support businesses of all kinds. You can use the funds to improve operations, invest in new technologies, or expand services, giving you a valuable edge in the market.
Applying for this program means you won’t have to stress about immediate repayment. This allows you to focus on growth without the financial worry. Additionally, participating in TRACE contributes to the empowerment of your community, creating a positive impact along with your business success.
With the flexibility this funding offers, it truly is an opportunity you shouldn't overlook. Jump-start your plans and set yourself up for success with this supportive initiative.
Financing Details
The financing offered is primarily a grant. This means that you will not have to repay the funds, allowing you to focus on growth without the worry of repayment.
Financing Details
- Total Available Funding: Up to $49.7 million over five years.
- Repayment Terms: There are no repayment terms since this is a grant.
Eligible Expenses
Funds from this grant can be used for:
- Community development projects.
- Resilience building activities.
Empowerment initiatives tailored to your business needs.
Restrictions on Use of Funds
The funds cannot be used for:
- Personal expenses or non-business-related costs.
Political activities.
Fees Associated with the Program
There are no hidden fees associated with this grant. All funding received is yours to use as outlined above.
This opportunity allows you to invest in your business with a strong financial backing while minimizing financial risk.
Qualifications
- Location: Business must operate in Tunisia.
- Sectors: Open to all sectors.
- Ownership: Available to all ownership groups.
- Employees: No minimum or maximum employee requirement.
- Company Revenue: No minimum or maximum revenue qualifications.
- Legal Structure: All legal structures are applicable.
- Profit Structure: All profit structures are applicable.
Disqualifications:
- No specific disqualifications mentioned.
Description
The Tunisia Resilience and Community Empowerment initiative is a fantastic opportunity for your business. With a total funding pool of up to $49.7 million available over a five-year period, this program is designed to enhance resilience and empower communities across Tunisia. It doesn’t matter what type of business you own; this funding can help you grow and thrive.
You can use the funds for a variety of purposes, including improving your operations, investing in new technologies, or expanding your services. The program has a flexible approach, meaning there are no specific conditions on revenue or employee count, making it accessible to businesses of all shapes and sizes.
What’s even better is the long time frame of the awards. The support you receive here is designed to be beneficial without the stress of immediate repayment, giving you the peace of mind to focus on making your business successful. This is an excellent chance to boost your business while also contributing to community growth.
Program Steps
Visit the Program Website
Go to the official program website to find detailed information and updates.Prepare Your Business Plan
Outline your business goals and how the funding will help improve your operations, invest in new technologies, or expand your services.Gather Required Documentation
Collect the necessary documents for your application. You will likely need:- Business registration documents
- Tax identification number
- Financial statements (last two years)
- Project proposal detailing how you will use the funds
- Resumes or profiles of key team members
Fill Out the Application Form
Complete the application form with accurate and detailed information about your business and proposed use of funds.Submit Your Application
Ensure all documents are attached, then submit your application through the designated platform or email.Follow Up
After submission, keep track of your application status and be prepared to provide any additional information if required.