Sierra Leone Economic Diversification Project

Call for Application

Aim of the Call for Application

Innovation SL on behalf of the Government of Sierra Leone and World Bank is calling for applications for incubation/acceleration/ business development of 20 Start-ups, and the acceleration of 10 SMES, under the Sierra Leone Economic Diversification project which aims to diversify the Sierra Leone economy through the incubation/ business development. The start ups and SMEs should be from the Circular Economy and Light Manufacturing Sectors. 

Please see The Call

for

START-UPS

for

SMEs

Sierra Leone Economic Diversification Project

CRITERIA

SLEDP

ELIGIBILITY CRITERIA

Individuals with a viable or proven business idea that needs support (incubation) to become a competitive company that can sell its products and services.

This can include Start-ups, companies recently established (less than 2 years old).

They should be registered in Sierra Leone with no judicial outstanding issues and financially sound.

SLEDP

START-UP SELECTION CRITERIA

Key selection criteria for Start-Ups will be based on a modified set of evaluation criteria in recognition of their early development stage. Accordingly, these criteria will include:

SLEDP

SME SELECTION CRITERIA

The exact criteria to select a participating SME will be based on verifiable market opportunity, successful track record, growth potential, entrepreneurial potential assessment scores, and personal interviews. Accordingly, these criteria will include:

SLEDP

SELECTION EXCLUSION

Technical Assistance and the Matching Grant will not extend grants in support of activities that support the production of the following:

SLEDP

Note

Innovation Sierra Leone together with the Small and Medium Enterprise Development Agency and Project Coordinating Unit will undertake a visit to 100% of all applicants that meet the minimum requirement to verify application information.

Women owned and managed businesses are particularly encouraged to apply

Partners

sledp
innosl-logo