The Netherlands Trust Fund V (Ntf V) Has Launched A Support Program For Tech Bpo Msmes With A Focus On Agritech
Jan. 31, 2022
The programme, based on a partnership by the MoFA of the Netherlands and the International Trade Centre, runs until 2025. Its ambition is to contribute to rebuilding back better in the targeted countries with a focus on MSMEs in the digital technologies and agribusiness sectors, linking up both for synergies and business opportunities.
The programme covers both sectors in Ethiopia, Ghana, Senegal, as well as a multi-country approach aimed at the digital technologies sector in Ivory Coast, Benin, Mali and Uganda. It also includes a follow-up project to support the tourism industry in Myanmar. As with previous NTF programmes, NTF V will be jointly implemented with the Dutch Centre for the promotion of exports from developing countries (CBI).
- In the digital technology sector, activities will focus on more business-friendly tech ecosystems, in particular strengthening support organizations such as tech hubs, equipping tech start-ups and SMEs with resilient business models, linking them to business and investment opportunities and digitalization of traditional SMEs.
- Agribusiness services sector activities will focus on identifying resilient and sustainable business and production models, strengthening public-private alliances and support ecosystems, building capacity for value chain operations in areas such as market development, climate-smart operations, value addition, quality, access to finance, digitalisation and developing investment strategies to ensure leveraging of investment.
In view of the situation resulting from the global Covid crisis, the key performance indicators for NTF V are ambitious:
- Thousands of more competitive SMEs,
- Sales of supported companies near $100m,
- Tens of thousands of jobs supported and a positive effect on more than 200,000 people
- The programme can also bring in-kind and other contributions accounting for an additional 50% of the project value.
To track these results, the programme will put in place a monitoring system using real-time CRM and active risk management data that will allow collecting and visualizing project output and impact data working especially through partnerships and building on NTF IV dashboard systems to enable the NTF V Steering Group to quickly see progress, calculate a value for money and make course corrections.
Perhaps most importantly, ITC will continue its focus on sustaining project results already documented in evaluations of earlier phases. NTF V will focus on achieving policy and strategic change with institutions. Throughout the work, ITC also builds alliances and partnerships that endure well beyond the life of the project, much of which results in ongoing profitable business relationships, what we call commercial sustainability.
To Apply :
- IT & BPO Companies: https://lnkd.in/dAK9U6N9
- Tech start-ups (focus on Agritech): https://lnkd.in/dZgYnnMK
End date: Feb 01, 2022