EEP provides seed finance to cover start-up costs and bridge the gap between ideas and implementation. It also assists businesses to support themselves through the initial research and project development stage until projects become bankable and are able to secure additional financing to take the project into implementation. EEP supports the following types of projects:
- scale-up of existing projects
All applicants are expected to make their own contribution to the total project budget to be eligible. The maximum amount requested from the EEP can be no more than €300,000. The contribution by applicants is set at a minimum of 10% of total project costs for not-for-profit organisations, NGOs and public institutions and a minimum of 25% for private entities.
Botswana, Burundi, Kenya, Lesotho, Mozambique, Namibia, Rwanda, Seychelles, South Africa, Swaziland, Tanzania, Uganda and Zambia. Regional proposals involving 2 or 3 partner countries are also welcome.
Background information on the fund
The programme was initiated by the Ministry for Foreign Affairs of Finland (MFA) in March 2010 and is now jointly funded by the Austrian Development Agency (ADA) and DFID. The programme is managed by the EEP Regional Coordination Office (RCO), which is based in Johannesburg, South Africa.
How to apply
Please see the EEP website for details .
EEP Contact - Memory Dhliwayo, Programme Administrator tel: +27-11-256-3560