As recommended by international organisations, including the United Nations (UN) and the Organisation for Economic Co-operation (OECD), it is now becoming a standard procedure worldwide to use instruments to engage entrepreneurs in development policy. The OECD Development Assistance Committee presented Poland with recommendations in this respect as part of the 2017 edition of the so-called Peer Review, a periodic review of development assistance efforts of the OECD DAC members.
Polish Challenge Fund has been launched!
Pursuant to the provisions of the agreement signed on 5 December 2019 by the Ministry of Foreign Affairs and the UNDP Istanbul Regional Hub (UNDP IRH), a pilot project titled Polish Challenge Fund (PCF) has been launched.
The project aims to engage Polish companies in development activities in two priority countries of Polish Aid – Ukraine and Belarus.
The main objective of PCF is to facilitate the transfer of Polish know-how, technology, and innovative solutions in the area of green technologies and ICT to partner countries of Polish Aid. The transfer is to help to address complex development challenges in those countries, while taking into account the Sustainable Development Goals (SDGs).
PCF funds will be allocated to Polish entities only (companies as well as science and research institutes) under a grant competition organised by the UNDP IRH. The maximum amount of funding a Polish applicant can be granted to implement a project (i.e. to carry out a feasibility study or a pilot implementation of a product or service) will be USD 40 000. The entities that will receive granting will have to ensure financial or in-kind contribution at 20% of the project value.
Katarzyna Rozesłaniec from the Department of Development Cooperation at the Ministry of Foreign Affairs will be the project manager. She has been seconded to the UNDP IRH in Istanbul until the end of 2020.
An information meeting with entities that can be potentially interested in PCF will be held in Warsaw in February 2020.
Who can submit a project: companies, start-ups, science and research institutes, as well as development institutes.
- What: offering innovative technology, product or service, or preparing a feasibility study – that will be innovative for local beneficiaries.
- Grant: up to USD 40 000 to implement an innovative project in the area of ICT and/or green technologies.
- Country of implementation: Belarus and Ukraine.
- The objective: to transfer Polish know-how, technology and innovative solutions in response to complex development challenges of partner countries in accordance with the principles of sustainable development in the context of the 2030 Agenda.
- Own contribution: up to 20% of the project value (financial or in-kind).
- Timetable: submitting an application – March/April 2020; implementing the project – 5-6 months; completing the project – by the end of November 2020.
- Project applications in English should be submitted to theUNDP.