Nigeria – Responses to clarifying questions
Does the matching co-investment have to be in cash? Or is there an option for in-kind matching investment
Co-investment does not have to be cash. There is an option for in-kind co-funding. In-kind support by the applicant should be valued at market rates, and staff time budgeted as in-kind support must be reasonably justified as related to the project.
Proof that match funding is available is not yet required at concept note stage. However, we would want to read from the application a realistic explanation on how you intend to assure the match funding.
Yes, but only to the (limited) extent these assets are recently purchased – or will be purchased – and dedicated to the proposed project instead of ongoing activities. If relevant, we will only take into account the depreciation value of the assets for the project lifetime. In-kind support should be valued at market rates, and staff time budgeted as in-kind support must be reasonably justified as related to the project.
The minimum project size is 400.000 EURO with a minimum co-funding amount by CFYE of 200.000 EURO and a maximum share of 50%. That means that minimum co-funding by the applicant is 200.000 EURO.
Is the Technical Assistance offered in addition to the 200,000 euros or is budgeted within the 200,000 euros match funding?
It is offered in addition to the co-financing contribution. Only if the TA is a fundamental part of your project, then it should be budgeted in the overall project budget.
If one were granted funding, would funding come with “conditions”/”strings” that may affect the entrepreneur’s existing business model or original vision?
Most conditions will be merely operational of nature. However, there may be requirements regarding job quality or gender equity that have an impact on your business model. Alignment on the business model or original vision will be assured prior to funding.
We will only consider projects that actually create, improve or match with jobs in line with the Windows’ technical definition of digital jobs or technical craftmanship (or both). Any other type of projects are not eligible.
Yes, we expect another call to open up mid 2021. Also we expect that regional thematic calls may open up, possibly including Nigeria.
Yes, please contact our info address if you have any concrete questions that aren’t answered in the original plus additional FAQ: firstname.lastname@example.org
Can CFYE facilitate introductions between interested actors that are looking for partners to form a consortium with?
Yes. If you required that type of assistance, please send an email to email@example.com
Yes, and you can indicate this in the application form. The total number of jobs (be it digital or technical craftmanship) will be taken into account.
Everything we value and learned from the previous call for proposals is reflected in the concept note template and the eligiblity and selection criteria. A specific recommendation we want to make is that the pathway to employment needs to be very clear.
Just to be clear, the project is expected to result in direct jobs for 500 youths, and then 200,000 indirect jobs. Is that correct?
Projects should create, match, improve or sustain at least 500 jobs (of which at least 50% are women). These may be jobs generated directly by the project (direct jobs), or employment changes at, for example, suppliers or distributors of the project (indirect jobs). Indirect jobs may only be counted if the project can demonstrate a clear link to these employment outcomes. 200,000 youth benefitting from new and/or improved employment is the goal of the entire CFYE across all countries.
Can dorm style startups apply? i.e. small startups that believe in the scalability and impact of their ideas but are still very small at the moment and working with a very small team of undergraduates
Yes, if this consortium can still deliver the required number of jobs and can demonstrate experience with comparable projects. This might be challenging for a small startup on their own and it might therefore not always be feasible to submit an eligible proposal.
The Creative Industry involves the music, film, fashion and arts sectors.
Semi employment refers to cases in which employees have a contract with their employer, but their income and hours worked are flexible and based on client demand. Examples include agent models or commission-based contracts.
The proposed 30k naira/month salary (75 USD) is too low, will keep the beneficiaries in poverty, and give them give false hope. Can the salary be increased to a living rate of 100k naira/month or higher?
We highly value sustainable jobs that offer a decent income and recommend referring to wageindicator.org for guidance on living wages. NGN 30k per month is the formal minimum salary for a single adult without family, whereas higher figures from NGN 75k are recommended for income earners with a household.
We consider the development stage the firm is in. Start-ups are still testing their business case, and usually need a few more years before creating a high number of jobs. The CFYE will only consider start-ups that haven a proven business model and growth potential.
What if the youth matched to the job was 34 years old at the start of the program but became 36 by the end of the program, will that matching be counted?
Digital skills encompass a wider set of skills including phone, table and computer operating systems and specific programs/applications. Computer literacy skills generally refer to standardized and more limited operating procedures on desktops, including Microsoft Office applications and using the internet.
Indirect jobs are any jobs that are created as an indirect result of the project intervention. If a project helps to create sustainable livelihoods for 500 micro-entrepreneurs, who in turn start hiring employees, then the latter are indirect jobs.
Would funding be provided for prototype design products that would create employment for youths and women?
Only if the project’s impact pathway clearly and convincingly shows how the prototype products would result in 500 direct jobs being created within the lifespan of the project.
Yes, you can split one submission into multiple activity streams across two sectors, as long as the project has a clear strategy and the total number of jobs created reaches the 500 jobs mark.
What is the minimum number of women that must be in a project to make it match with the possible criterium for match funding?
At least 50% of jobs created – so 250 jobs (in case of 500 total) – should be for women.
Do you consider country level policy and laws as key in the focal and employment area, at the proposal development stage?
Country level policies and laws are relevant in the sense that the project should respect them.
Any particular reason why only private companies are eligible to apply as lead partners? Can’t NGO’s take a lead?
We believe private sector involvement is key to create decent sustainable jobs. Moreover, by having private sector entities take the lead this raises their sense of ownership.
As long as the Union is registered as private sector firm. On the other hand, if the members are registered private sector entities, one of them could assume the role of lead applicant.
No, 20 hrs is 0.5 FTE and considered the minimum for a decent job.
We work with standardized OANDA.com exchange rates for NGN-EURO as accessed in the month before submission.
Yes, but only for applicants that have been shortlisted from the concept note stage to the full proposal stage. Guidance will be provided at proposal stage.
Yes, if it meets the decent work criteria.
My questions are around the 500 jobs to be created. Is that number sacrosanct and what will be the definition of a ‘job’ created- for instance: Do temporary jobs created during the project lifeline count? Or looking for sustainable/long-term job creation?
Yes, the minimum of 500 jobs is not a guidance, but a requirement. Projects that do not meet the 500 jobs will not be eligible. We are looking for jobs that are sustainable and will continue after project ending.
Overall Fund Design
No, but projects focusing on access to finance to enable job creation by companies are also eligible, as long as concrete guidance is given on how this will result in 500+ jobs.
Yes. However, please consider your capacity to implement two projects simultaneously. We strongly recommend against taking the lead in more than one project. We would also need reassurance that a single company isn’t receiving funding multiple times for the same costs that would be used on both projects (e.g. an asset, a person, etc.).
All states are eligible and project locations can cut across states in Nigeria.
Eligible projects under this call for proposals should commence at the latest in January 2021. Project duration is two to three years, so awarded projects should be finalized by January 2024. Reporting is done on a quarterly and annual basis.
Will the application platform allow you to save and retrieve several times before final submission?
Any private sector organization that is fully registered with CAC can apply for the fund. However a start-up company may struggle to meet some requirements – such as the co-funding and ability to create a significant number of jobs.
Does a Private Social Enterprise (especially one into vocational Training that leads to Job) count as Private Sector?
Yes, if the enterprise is registered as private sector firm.
The grant is only available for registered businesses.
We do not have a target, but expect that between 5-10 projects in Nigeria will be receiving funding from CFYE.