Committed to PEOPLE'S RIGHT TO KNOW
Vol. 5 Num 656 Sun. April 02, 2006  
   
Business


EC seeks proposals for small projects in Bangladesh


The European Community represented by the European Commission, for and on behalf of the government of Bangladesh, has sought proposals for small projects in Bangladesh to receive financial assistance from the EU-Bangladesh Small Projects Facility in Economic Cooperation of the European Communities (SPF).

The SPF is an initiative to support the private sector organisations directly through small grants to improve competitiveness and to cope with the challenges of the Post-MFA scenario, said a press release.

Private sector associations, non-governmental and governmental organisations can apply for the grants to support actions in the areas of vocational training, technology transfer and trade facilitation.

These are areas of great importance to strengthen the economic partnership between the EU and Bangladesh, while contributing to poverty alleviation.

The overall indicative amount available under the SPF programme is 3 million euros. For 2006, an indicative amount of 800,000 euros has been allocated under the call for proposals 2006.

The amount of the EC grant per project may vary from minimum 70,000 euros to maximum 100,000 euros, where the EC covers maximum 90 percent of the total eligible costs while the remaining 10 percent have to be funded by other sources.

The full guideline for application is available in the website, http://www.eudelbangladesh.org. or http://www.eudelbangladesh-spf.org. The deadline for submission of if proposals is June 13.