Call for Bids for the Regional Prosperity Fund 2016/17
The British High Commission in Port of Spain invites bids.
What kind of projects do we want to support?
The Prosperity Fund supports projects that promote sustainable global growth. In the Caribbean we are focused on:
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Fostering an environment that is conducive to economic growth and diversification, promoting good governance and transparency.
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Strengthening higher education links to support Caribbean development and diversification.
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Improving energy security in the region to reduce the region’s dependence on oil imports and increase energy efficiency practices.
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Promoting sustainable development of the regional health management system.
What criteria are we using to select projects?
We support projects that add value and deliver impact. Projects should cover a gap in needs and promote practical change. We are interested in projects that use UK experience and expertise to promote stronger UK-Caribbean relations.
Our selection criteria give preference to proposals that demonstrate how they add value to existing government or multilateral initiatives, take a multi-country or regional approach, build on UK experience or expertise, and effective stakeholders and partners to deliver impact.
In the 2016/17 round of funding we are seeking 3-9 month projects. If you have a project with a longer timescale please still contact us. We are unable to commit funding for projects that start after December 2016.
Projects must have activity in or involving individuals / institutions from at least one of the following countries covered by a British High Commission: Trinidad & Tobago, Guyana, Suriname, Barbados, OECS members, Jamaica, Dominican Republic and Belize.
What should you do next?
If you wish to apply for funding please complete the short using the implementer bidding guidance and frequently asked questions by email to Economics.PortOfSpain@fco.gov.uk or to the local country High Commission address by 1 July 2016.
Please ensure all sections of the form are completed. Incomplete proposal forms will be rejected. In particular, please ensure that you complete the cost and funding sections. Do please contact us if you have questions about any aspect of the bid process.
What will happen once I have submitted my bid?
We will review your concept bid. If you are successful we will tell you by 5 July 2016 and invite you to complete a full proposal form. These will be required by 12 July and will need to set out implementation, budgeting, and evaluation aspects in more detail. Final results will be announced in August 2016. Successful project implementers will need to submit quarterly project and financial reports during the project, and a final report on its completion.
Project Themes
Fostering an environment that is conducive to economic growth and diversification, promoting good governance and transparency
Under this theme we would like to see projects which:
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promote improved policy, regulation, and transparency
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work with the public sector and civil society to build capacity for tackling corruption
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develop the systems and approaches to tackle bribery and corruption which act as a barrier to doing business in the region
Improving energy security in the region to reduce the region’s dependence on oil imports and increase energy efficiency practices
Under this theme we would like to see projects which:
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support national or regional policy development and promote efficient and sustainable energy markets
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help businesses, NGOs and civil society demonstrate innovative approaches that address energy security issues
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develop and showcase technological or process innovations which could address energy issues at national or regional level
Strengthening UK higher education links to support Caribbean development and diversification
Under this theme we would like to see projects which:
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focus on priority development areas for education
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promote higher education as a means of economic diversification
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promote vocational training
Promoting sustainable development of the regional health management system
Under this theme we would like to see projects which:
- increase the Caribbean region’s health capacity
- promote a comprehensive regional health management strategy