The European Commission (EC) has sought proposals from Bangladeshi non-profit organisations for their small projects in a bid to help those through giving up to 90 percent financial assistance under a programme.
The main objective of the Small Projects Facility (SPF) programme is to support the diversification process of Bangladesh's economy directly through small grants. The programme will also improve the competitiveness of private sector and its ability to cope with the challenges posed by the post-MFA (multi-fibre arrangement) scenario.
Pinpointing on the programme, Carmen Gomez Puron, second secretary of EC in Dhaka, said it can be very useful for the small projects in future. The minimum EC contribution would be 70,000 euros and maximum 100,000 euros and the applicant or partners in the project must bear 10 percent of the project costs.
Amount available under the 'Call for Proposals 2006' is 800,000 euros, she told an information session adding that non-profit and legally established organisations based in Bangladesh are eligible for the assistance.
European Commission organised the session on the recently launched 'Call for Proposals 2006' of SPF programme in Dhaka yesterday.
Speaking at the session, Jean-Claude Malongo, programme manager of SPF programme, said priority areas for the programme include trade- and investment-related EU legislation, support for initiative aimed at promoting technology transfer and vocational training and entrepreneurship promotion.
M Zakir Hossain, team leader of SPF information services unit, also spoke at the session.
