Proposal Summary
As a first step, an applicant sends an inquiry—typically an email or letter no longer than one page—with a brief project proposal summary to the Program Management Unit (PMU). The request should contain the following basic information:
1. Brief summary of the objectives of the proposed technical assistance
2. Issues to be addressed by the proposed technical assistance
Describe briefly and clearly the institutional, legal, capacity or other constraints to be addressed by the recipient through the project.
3. Recipient agency’s role in the area to be addressed by the proposed technical assistance
Indicate (a) to what extent the recipient is responsible for, and in the position to coordinate the activities under the project and implement the expected changes proposed, (b) other government agencies that will be involved and (c) the nature and legal basis of the cooperation between the recipient and other stakeholders involved in implementation.
4. Financial sector development context
Briefly summarize the reform strategy, legislative and/or capacity building agenda to which the project will contribute i.e. analytical underpinnings. If available, indicate articles of law, resolutions, strategies and other such documents which indicate the commitment of the recipient, the government and other stakeholders.
5. Are there any efforts being undertaken by the recipient, other government agencies, domestic stakeholders, bilateral or multilateral development partners to address the issues identified in 2? Why are other sources of funding not available?
6. Expected outputs of the proposed technical assistance and how they are expected to contribute to achieving the stated objectives of the recipient
Identify (a) expected tangible and verifiable outputs (reports, knowledge-sharing forums, manuals, etc.) and (b) how they will contribute to achieving the project’s objectives.
7. Expected outcomes [results] of the proposed technical assistance
Identify, in quantitative terms if applicable, the measurable indicators of the project’s impact.
8. Support/endorsement of the government agency or entity exercising oversight of the recipient
Indicate whether the governmental or other entities exercising oversight of the recipient support this proposal. Indicate the person, including title and agency, whose support may be critical for achieving project objectives.
Screening
The PMU reviews the proposal summary and determines whether the proposal is generally eligible for FIRST funding. If deemed eligible, the PMU requests the recipient develop and submit a Project Application.
Submission of Project Application
The recipient submits a full Project Application to the PMU. A cover letter from the supporting organization is required to accompany the project application.
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