Prior to engagement with the facility, please keep in mind that SCAF does not support stand alone projects! SCAF cannot provide any form of equity. SCAF support comes as co-financing of partner expenses (grant on partner-level). Please check your eligibility here and check if you qualifiy for Support Line 0 or Support Lines 1 and 2.
SCAF partners have to go through a four-step process in order to get support from the facility:
Any party may express an interest in obtaining support at any point throughout the operational phase of SCAF. Additional guidance for project proposals can be found on the SCAF website. There are no specific deadlines or cut-off dates other than when the available budgets are fully committed.
Interested entities are invited to submit a proposal once the SCAF-Agent has conducted a preliminary check of the eligibility for SCAF II support. The potential partner - in cooperation with the SCAF-Agent – prepares a proposal, which will be submitted to the Recommendation Committee (RC). Once an approval in principle has been issued, the potential SCAF partner proceeds to the due-diligence stage.
3. DUE DILIGENCE
After the RC has endorsed the proposal, the SCAF-Agent together with the Programme Management Unit (PMU) proceeds to an on-site due diligence. For the due diligence, the SCAF partner will follow a standardized process, similar to the one adopted by DFIs. After final approval, the SCAF Agent will start contract negotiations.
If the due diligence is completed successfully, the PMU asks the SCAF Agent to complete a cooperating partner agreement (CPA). Once contracted, the SCAF partners report on their progress through quarterly progress reports and regular conference calls. Furthermore, SCAF requires audited financial statements and confirmation letters from auditors for SCAF-financed expenses
My company is eligible! What do I need to do to apply for SCAF support?
Please contact the SCAF-Agent with a brief description of your company and the rationale behind your application. Depending on the support line, please add the following additional information:
For Support Line 0
- fund strategy incl. targeted sectors and regions,
- fund structure,
- current fundraising process,
- experience of the management team,
For Support Lines 1 and 2
- team setup and track record,
- targeted regions,
- targeted sectors
- project pipeline,
- project development activties offered,
The SCAF-Agent will then arrange for an initial call to clarify eligibility and adress open questions. Subject to the availability of funding, interested parties are invited to submit a proposal.
Please direct all enquiries to email@example.com!