Co-funding of micro-projects of Burkinabè Community Based Organisations and Associations, stakeholders of the Change the Game Academy and Giving for Change programmes
The Association Burkinabè de Fundraising (ABF) en partnership with Wilde Ganzen from the Netherlands, a co-financing programme will be launched this year in the 13 regions of Burkina Faso. These micro-financing projects are intended for community-based associations involved in endogenous development.
2. ELIGIBILITY CRITERIA FOR LOCAL ORGANISATIONS
Any organisation that meets the following conditions may apply for this fund:
3. TYPES OF ELIGIBLE PROJECTS
The running costs of a CBA are not eligible for co-financing. However, 5% of the total budget can be earmarked for project coordination and monitoring costs and 2.5% for contingencies.
4. NON-ELIGIBLE ACTIVITIES AND GRANTS
5. FINANCING ARRANGEMENTS
Funding will be through a cost-sharing co-financing mechanism.
- Co-funding can be given to raising money through events; for example, a marathon, shows, product sales and/or by collecting from individual donors.
- Co-financing can also be granted from money raised from local, regional and national companies or corporate funds.
- Donations in kind are valued at their financial market value.
- The minimum budget for the project is CFA 1,350,000 and the maximum is CFA 6,500,000. A bonus of 50% can be granted to fundraising by ABCs. That is, if the project is CFA 1,350,000, the ABC raises CFA 675,000 and the co-financing fund contributes CFA 675,000.
- Co-financing can be up to a maximum of CFAF 3,250,000 being 50% of the total money you have raised for the project.
- The maximum amount of money raised by the organisations and the co-financing together must not exceed the total project costs.
- CBAs can be co-financed once per project. They can be refinanced for new projects provided that the previous project is closed by ABF.
- Concrete evidence of fundraising events should also be kept and reported on later. For example, announcements, website inserts, photos of events and social media.
- Each beneficiary ABC must exclusively and fully use the fund for the project activities for which the grant was awarded.
NB: Promises are not considered as evidence. The evidence of the value mobilised must be concrete, tangible, verifiable and measurable.
6. HOW TO APPLY
Initially a project idea is to be submitted, the outline of which is available
7. COMPOSITION OF THE APPLICATION FILE
The project idea document must be submitted with the CNIBs of the President, Secretary General and Treasurer of the CBA Board attached, as well as a copy of the valid CBA receipt
8. SELECTION PROCEDURE
After validation of the project idea as eligible for co-financing, the CBA is invited to submit its project proposal in detail for which ABF provides a template. The final decision on co-financing is based on the detailed project description.
Approval will be given by a regularly constituted committee at central level on the basis of well-determined objective criteria. If the final project is approved, ABF informs and sends the contract to the beneficiary CBA for signature.
After signing, the CBA is invited to start mobilising resources for the project. It mobilises 50% of the total cost of the micro-project and submits tangible evidence of mobilisation. After validation of the evidence of fundraising, ABF transfers the co-financing amount to the bank account of the CBA and project implementation can start.
9. PERIOD AND PLACE OF DEPOSIT
Micro-project idea holders who meet the above conditions and wish to take part in this call for projects are invited to submit their project idea to the operational office of the Burkinabe Fundraising Association in Ouagadougou, sector 8, rue 8.32, quartier Petit PARIS in the central region or by e-mail : email@example.com in copy: firstname.lastname@example.org and email@example.comEvery working day from 8.00 am to 4.00 pm from Wednesday 12 April 2023 until the 2023 co-financing budget is exhausted. The processing of micro-projects files is monthly.