REQUEST FOR PROPOSALS
Reference # 59635
Appointing a service provider that will assess business plans application and provide business development services and funding to selected small enterprises submitted by young entrepreneurs to the UNDP Youth Entrepreneurship Challenge Fund
One of the hallmarks of the UNDP Strategic Plan (2018-2021) is to help countries address systemic or structural challenges in sustainable development – “wicked problems” – that would otherwise remain unresolved. Youth unemployment in South Africa is one of the structural and wicked problems that require approaches that put emphasis on development cooperation, collaborative networks, innovation and scale-up and scale-out efforts.
UNDP has established a Youth Entrepreneurship Challenge Fund. This Fund will support young entrepreneurs that require support to grow their businesses. At the centre of this approach is to give young people the freedom to design and develop solutions to their problems on a small-scale with a view of scaling the efforts for a larger impact.
The Fund aims to provide catalytic funding and business development services support to small enterprises owned young entrepreneurs.
OBJECTIVE OF ASSIGNMENT
UNDP seeks to appoint an experienced business development service provider to assess business applications and provide tailored made services selected small enterprises. The support will consists of business training, business advice, mentoring, market access and information, and financial investment.
• Type of Contract: Institutional/Professional Services Contract
• Duration of the assignment: 3 months
Detailed Terms of Reference and how to submit your proposals can be found on the link: http://procurement-notices.undp.org/
Deadline for submission of proposals: 10 October 2019 at 11:00 South African time.