How TRAC works

The proposal process

Mombasa,27th June 2013

Project Concept Notes

Due Diligence; Assessment by Review and Evaluation Panel

Full Proposals
Assessment by Investment Committee

Successful proposals

Project Concept Notes (PCNs)

- Brief description of the project

- Why is TRAC funding required?

- Who will benefit? - What is the likely impact?

- Keep it simple!
- Maximum 3-4 pages - Deadline for submission of PCN: 4th October 2012

www.trac-fund.com

Project Concept Notes (PCNs)

Objectives (what do you want to do?) Outputs (what will have been achieved at the end of the project?) Activities (what will you do and how long will it take?) Beneficiaries (who will benefit from the project and how?) Details of principal project partners How does this address the challenge we have set? Include what specific policy, policy processes and policy makers the project is intended to impact Expected results for the poor. State expected economic (trade, private sector development, growth) and social (gender and HIV/AIDs) impacts the project will address. Proposed approach to design and appraisal (key risks, and how they will be managed/mitigated) Projected timetable and steps to prepare submission of full proposal for approval

Full Proposals
- Much more detail on the proposed project - What do you want to do? - How do you plan to do it? - What are the benefits both to you business and wider society? - Company profits/organisational awareness - Intraregional trade - Social indicators: women, environment, PLWHA etc. - What will you contribute and what is your capacity to deliver?

Criteria
Geography

Indicators
Countries covered Socio economic development of regions that will benefit Potential increase in value of cross border trade Number of poor beneficiaries % of women beneficiaries % increase in incomes of the poor/reduction in expenditure. Contribution to control of HIV/AIDS, benefits for PLWHA. Potential environmental gains, adaptation to climate change. Extent to which proposed project shifts existing production frontier; new business models/technologies introduced; new products traded; new methods of building knowledge, raising awareness etc. Ability to start races Overcoming barriers to replication Applicability across countries

Potential for development impact (trade and social welfare gains) Innovation

Scalability/ replication

Criteria
Value for money

Indicators
Costs are appropriate relative to potential benefits Level of funds/resources leveraged from grantees Indicative cost benefit analysis Project viability gap and the role played by TRAC grant in bridging it

Potential for commercial viability Capacity to implement Timescales to impacts

Risk profile
Likely returns to investment by replicators Track record of business/organisation Credibility of proposers position in firm Capacity to manage risk Impact within TRACs three year timespan and beyond

Thank you for your attention

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