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Concept Note for Inspire Challenge Fund
Details
Location:Bangladesh
Funding agency:
Contracting authority: Swisscontact (Bangladesh)
Contracting authority type:NGO
Quick summary
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Objectives: The InSPIRE Challenge Fund, managed by Swisscontact and funded by the Embassy of Sweden, is a four-year project (2025-2028) focusing on energy efficiency and sustainable energy adoption within Bangladesh's RMG sector. It seeks to offset the high energy consumption from unsustainable sources by leveraging private investments in conjunction with a Challenge fund. This blended finance instrument is designed to enhance technical and financial capacities through a combination of pre-grant readiness and post-grant technical assistance. The program facilitates investment in innovative energy solutions to address systemic sector challenges, targeting scalable impact and supporting efficient use of granted funds. Grants range from BDT 1,200,000 to 15,600,000, conditional on significant co-financing from applicants.
Eligibility criteria: Eligible applicants include exporting RMG factories within and outside Export Processing Zones (EPZs), subcontractors and suppliers to these factories, and national or international Energy Service Companies (ESCOs). C...
Description
CALL FOR SUBMISSION OF CONCEPT NOTE FOR InSPIRE CHALLENGE FUND Swisscontact - Swiss Foundation for Technical Cooperation, is headquartered in Zurich and was founded in 1959 by leading figures from the Swiss private sector and Swiss universities. It is exc
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