APPLY TO THE FUND - Application stages
The Jobs Fund application and approval process is conducted in three stages over a period of approximately 9 months from date of opening of the Funding round.
Stage 1: Concept Note Application
Project applications are submitted on line and screened for eligibility. Eligible applications are scored against the Impact criteria, and ranked within each window. Concept note applications scoring competitively are considered by the Jobs Fund Investment Committee for approval to submit a full Business Case Application. Successful projects will be notified in writing and invited to submit a business case. Ineligible applications are disqualified from the competition.
Stage 2: Business Case Application
Selected projects submit a full Business Case Application (BCA) on line together with an Activity Based Costed Project Implementation Management Plan (ABC PIMP). The BCAs are again screened for eligibility and a comprehensive due diligence is conducted. Projects are again evaluated on impact and if competitive are recommended to the Investment Committee.
Note: Approval at Concept Note is not an approval of grant funding.
Stage 3: Final Decision and Funding Allocation Stage
The Jobs Fund Investment Committee considers the competitive impact of the application and the results of the due diligence when deciding to allocate grant funding.
Please Note: From the date that grant funding is allocated the successful applicant has to meet all conditions precedent within a defined period usually one month. Failure to meet conditions precedent and signing of the Grant Agreement within the specified time period could result in rescinding the decision to allocate grant funds.