This is grant funding where disbursements are based on mutually agreed milestones that have to delivered/achieved.
Can a company that is in the process of registration in Somalia still apply for funding?
Financing is applicable for companies that are already legally registered and physically established in Federal Government of Somalia (FGS) and Somaliland for at least 2 years. Companies with less than 2 years of market experience that can demonstrate notable sales growth during their period of operation may be considered.
Which business intervention areas is the programme seeking to address?
The programme targets businesses that can deliver low cost, affordable, quality clean energy products and services that benefit the rural and peri urban poor; especially women.