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The Counterpart Fund is a special Fund originated
by the reimbursement of the resources received as credit by the private
beneficiaries of the Commodity Aid Programme.
The Counterpart Fund is aimed at promoting
initiatives with social-economic priority requirements, with special reference
to sectors particularly vulnerable as those of the environment and of the
promotion of the social role of women.
ELIGIBLE BENEFICIARIES
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International and local Non-Governmental Organizations (NGOs)
legally registered at the proper Authority of the Egyptian Government;
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Local associations and Non-profit organizations;
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Government-owned Organizations and Governmental Authorities.
WHAT KIND OF INITIATIVES BE FUNDED
The funding proposals submitted by the applicants
shall be aimed at pursuing at least one of the following targets:
Protecting the environment;
Promoting the social role of women;
As exception the Management Committee can also
approve the following initiatives:
a. Local costs of cooperation bilateral projects
financed by the Italian Government referred to bilateral cooperation initiatives
and\or Projects financed by the Italian Government;
b. Participation to the interventions achieved
within the framework of emergency situations;
c. Completion of interventions achieved within the
framework of bilateral cooperation projects financed by the Italian Government;
management and distribution costs in Egypt for emergency aid of Italian origin;
d. Participation to "special funds" which shall be
constituted by the Government of the Arab Republic of Egypt within the framework
of measures which shall be taken with a view to reduce social effects due to the
application of: economic programmes of public expenditure planning or to the
application of the current Structural Adjustment programmes.
WHAT CAN BE FUNDED
WHAT CANNOT BE FUNDED
- Non essential and luxury goods;
- Any good, material or service related, directly or
indirectly, to activities of military nature.
APPLICATION FOR FUNDING
Filled in Application form addressed to:
The Management Joint Committee (MJC) of the
Commodity Aid Programme Counterpart Fund to the Embassy of Italy in Cairo,
Cooperation Office and a copy to the Ministry of International Cooperation, for
addresses see the Contacts section.
APPLICATION
PROCEDURES:
1. Carefully read the Guidelines and the other
information contained in this web page, to verify the eligibility criteria;
2. Contact the Embassy of
Italy, Cooperation Office or the Person in
Charge at the Ministry of International Cooperation, to introduce the
funding proposal and request, in principle, a positive consideration of the
project, in accordance with the priorities and eligibility criteria listed in
this page;
3. Download the
application form and the Financial Planning Templates and submit the request, to the
Ministry of International Cooperation and the Embassy of Italy, Cooperation
Office;
4. Upon positive feedback received from the MJC, the Applicant shall
be requested to sign the Project Agreement.
5. After signing the Agreement
the Applicant, become beneficiary, will receive the first instalment to start
the project activities which report them according to the Guidelines and
Financial Reporting Templates.
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