HomeAbout the RECSearchSite MapContact Us
REC Home Page

 
 
 

The primary goal of the NGO Planning for Sustainability Projects Call for Interest is to transfer skills in self-financing to NGOs through this two-year pilot project. NGO leaders seldom have any training in how to start and manage a business. This project will allow up to sixteen (16) selected NGOs to receive training and technical assistance to initiate and implement self-financing ventures with the assistance of the NGO Support Organizations and the Business Advisory Committee.

 

Phase 1: Feasibility Studies

During the First Phase of the Project - Feasibility Studies (five months (5)), the selected 16 NGOs, through on-site consultations and group trainings, will be assisted in conducting an analysis of the financial and market feasibility of their proposed self-financing idea. .

Each selected NGO will sign an Assistance Agreement with SNFP Team and (with support from the SNFP Partners) will develop a Feasibility Study for their proposed venture. Immediately upon being selected, the SNFP Team will organize a Winners Training Workshop and site visits designed to prepare plans for the venture. During the course of the First Phase of the Project - Feasibility Studies the SNFP Partners will work closely with each NGO to prepare a feasibility study, including: 1) assessment of the NGO's core capacity, skills and readiness for self-financing; 2) preparation of pro forma financial projections (expenses and revenues) for their proposed venture; and 3) assessment of the market potential for their proposed venture.

 

Phase 2: Business Plan Development


At the end of the First Phase, the Evaluation Committee (consisting of the SNFP Team and Business Advisory Committee members) will evaluate each Feasibility Study. If the NGO has developed what could be considered a viable Feasibility Study and has illustrated the commitment, capacity and organizational flexibility necessary for venture start-up, it will receive a Venture Planning Grant within the range of 1,000 - 2,000 EUR (depending on the size of the NGO, nature and scale of its venture activity) to further develop their feasibility studies into full business plans during the Second Phase of the Project - Business Plan Development (three months (3)).

During the Second Phase of the Project - Business Plan Development, the NGO Support Organizations and Business Advisory Committee will continue to provide planning, management and other technical assistance to the selected NGOs to finalize the business plans and prepare the NGO to implement their venture.

 

Phase 3: Business Plan Implementation


Upon successful completion of the Second Phase of the Project and based on the Evaluation Committee recommendation, the NGOs will be eligible to receive a self-financing Venture Grant (up to 10,000 EUR) to start up or expand their self-financing venture. The self-financing Venture Grant shall be earmarked for self-financing start-up expenses as identified in the NGO Business Plan. The Venture Grant must be matched by NGO resources (financial, human or other in-kind) at a variable level appropriate to an individual organization's size and as suggested by the Evaluation Committee.

Not all sixteen NGOs will necessarily require, qualify for , or apply for a Venture Planning Grant and Venture Grant.

The Third Phase of the Project - Business Plan Implementation will commence upon receipt of the Venture Grant by the NGO. During the Third Phase of the Project, the SNFP Team will closely monitor the implementation of the NGO Business Plan process and assist NGOs in successful execution of the planned venture.

Project Home Page

  Home PageAbout the RECSearchSite MapBack to Top
 
  REC