Innovative Finance Challenge (IFC).
Innovative Finance Challenge (IFC).
Last update: 10 days ago
Last update: 10 days ago
Innovative Finance Challenge (IFC).
Last update: Oct 21, 2026

Details

Location:
Armenia, Moldova, North Macedoni ...
Armenia, Moldova, North Macedonia, Ukraine
Status:
Open
Budget:
N/A
Award ceiling:
USD 20,000
Award floor:
N/A
Sector:
Macro-Economy & Public Finance, Public Sector Governance, Research & Innovation
Languages:
Armenian, English, Romanian, Ukrainian
Eligible applicants:
Government / Public Bodies
Eligible applicant countries:
Armenia, Moldova, North Macedoni ...
Armenia, Moldova, North Macedonia, Ukraine
Date posted:
Oct 21, 2026

Attachments • 16

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Summary

AI generated
UNDP, through the EU-funded M4EG Facility and the City Experiment Fund, seeks to support municipalities in Armenia, Moldova, North Macedonia and Ukraine to test and implement innovative financing mechanisms that address concrete local financing b...
  • Eligible applicants: Only municipalities may apply as lead applicants. Applications from Armenia, Moldova, North Macedonia and Ukraine are eligible. In joint applications, the lead applicant must be a municipality; partners may include other municipalities, non-profit organizations, local or regional development agencies and similar local development actors.
  • Geographic and membership conditions: For Armenia, Moldova and Ukraine, only municipalities that are members of the Mayors for Economic Growth (M4EG) initiative may apply, although non-members may r...

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Description

EU and UNDP launch Innovative Finance Challenge to help municipalities unlock new financing opportunities The United Nations Development Programme (UNDP), through the EU-funded Mayors for Economic Growth (M4EG) Facility, is launching a new Call for Intere
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Market Intelligence

Discover the Armenia market report

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grant Background

About the Funding Agency

Slovak Agency for International Development Cooperation

Slovak Agency for International Development Cooperation (SAIDC) is responsible for managing bilateral and trilateral development projects within the responsibility of the Ministry of Foreign and European Affairs. SAIDC represents an administrative and contracting unit for bilateral programming; its responsibilities include contracting, implementation, monitoring and evaluation of bilateral and trilateral development projects.

About the Sectors

Macro-Economy & Public Finance

Includes initiatives that support macroeconomic stability, sound fiscal policy, and effective management of public financial resources.


Key areas:
  • Macroeconomic analysis and policy support
  • Public finance management (PFM)
  • Government budgeting, taxation, and debt management
  • Economic growth and development strategies

Public Sector Governance

Covers initiatives that strengthen public institutions, improve service delivery, and support transparent, accountable, and effective governance systems.


Key areas:
  • Public administration and civil service reform
  • Decentralization and local government strengthening
  • Anti-corruption and integrity frameworks in public bodies
  • Democratic processes, elections, and political institutions

Locations

Armenia

Armenia has prioritised transport corridor upgrades, renewable energy expansion and digital infrastructure to enhance regional integration and competitiveness. Investments aim to strengthen Armenia’s role as a transit and services economy between Europe and Asia. The government has implemented regulatory reforms and sought foreign direct investment to modernise logistics and energy systems. Continued institutional strengthening and diversification beyond remittances and mining remain central to long-term resilience.

Nr. of tenders: 10747
Nr. of grants: 3043
Nr. of donors: 539
Nr. of jobs: 49

Moldova

Moldova prioritizes road rehabilitation, energy interconnectors, water systems, and digital infrastructure to strengthen economic resilience and European integration. Infrastructure financing depends heavily on international donors, EU assistance, and multilateral development banks. Projects aim to improve energy security and reduce dependency on external suppliers. Fiscal constraints, governance reforms, and regional disparities influence long-term infrastructure progress.

Nr. of tenders: 14578
Nr. of grants: 3564
Nr. of donors: 568
Nr. of jobs: 26
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