DFID offers up to £250,000 in Construction and Real Estate Grant for Nigeria

The United Kingdom Department for International Development (DFID) has announced the second funding round of its Construction Ideas Fund (CIF) – an initiative under its Growth & Employment in States (GEMS) project. The Construction Ideas Fund is a funding mechanism which shares the financial risk of innovative projects within the Construction and Real Estate Sector in Nigeria. The fund is aimed promoting economic growth within the construction and real estate sectors. Grants are available to for-profit organisations – or those partnering with them – that have operations in the FCT, Lagos, Kaduna or Kano States; and will be awarded on a competitive basis ranging from £25,000 to £250,000. How to apply Stage 1: Send in a concept note of 3 pages to outline the project and demonstrate eligibility. Stage 2: Applicants with eligible concept notes will be invited to develop a full application proposal setting out the detailed business case for the proposed project. All applications will be appraised by an independent assessment Panel whose decision on grant funding is final. Deadline for submission is 21st of January 2013, to download forms and for further details, visit the Construction Ideas Fund website.