The Jobs Fund: Call for proposal for projects that Supports SA's Post-Pandemic Economic recovery

hustlersnetworking
Feb 24, 2022
1 min read

About the Opportunity:

The objective of the Jobs Fund is to co-finance projects by public, private and non-governmental organisations that will significantly contribute to job creation. This involves the use of public money to catalyse innovation and investment on behalf of a range of economic stakeholders in activities that contribute directly to enhanced employment creation in South Africa.

Eligibility

The Jobs Fund invites applications that will implement a systems approach to:

Accelerate the growth of entrepreneurs/ business owners.
Better address problems at the local level and drive systems change (local economic development).
Build human and institutional capacity and contribute to transitions from dependency to sustainability.
Develop economic sectors with growth and high labour absorption potential (a focus on youth and women will be an advantage).
Build eco-systems of support for the informal sector.
Develop appropriate financial instruments, value chain development, and market access that will unlock the trapped potential in economic sectors that can contribute to the acceleration of employment creation.
Address both labour demand and supply barriers.
Scaling Social Impact with a specific emphasis on employment creation.

Applicants must clearly demonstrate the path to sustainability and the breakthrough solution for employment creation i.e., key success factors for a competitive application include jobs created and scaling impact. Furthermore, applicants must articulate how the intervention will ensure success in the current Covid-19 context and contribute to the post-pandemic economic recovery.