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Legend:
Application tools for applicants
Decision Outcomes
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Stage 1
Application and Review |
- Public invitation to submit Applications & Concept Notes (CNs) to County Focal Persons (CFPs)
- CFP submits application and CN to Fund Manager
- Application Pack: Concept Note Template, Application and Baseline Form, Checklist of Compliance Requirements
- Fund Manager screens concept notes for eligibility, selection criteria and other approval procedures 5 days
- Shortlisted Applicants
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Stage 2
Business Plan |
- Fund Manager invites successful CN applicants to submit Business Plans; also, notifies and advises unsuccessful applicants on areas for improvements and resubmission
- Applicants submit business plans to Fund Manager 14 days
- Application Pack: Business Template, Checklist of Compliance Requirements
- Fund Manager reviews the Business plans and conducts due diligence(including field visits) with CFPs 28 days
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Stage 3
Investment Memo |
- Fund Manager prepares investment memo for review, evaluation and recommendation by the Independent Investment Committee (IIC)
- IIC reviews investment memo 7 days
- Fund Manager submits revised investment memo based on recommendations of IIC to the Fund Advisory Committee (FAC) 5 days
- Finalized Investment Memo
- FAC reviews and approves Investment Memo 7 days
- Fund Manager submits approved FAC investment deals for no objection by the World Bank 10 days
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Stage 4
Agreement |
- Fund Manager prepares grant redemption/funding agreements/contracts on the behalf of the ministry of agriculture 2 days
- Grantees (applicants) & MoA sign off funding agreement 2 days
- Funding Agreement
- Funding Manager disburses funds and monitors projects based on implementation plans outlined in the Grant Memo
- Fund Manager distils and disseminates relevant learning from both successful and failed projects
- Learning Outcomes
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