The Project does not pay salaries for regular staff, but it funds consultants hired to work on the project as consultants; not as full time staff.The Project does not pay salaries for regular staff, but it funds consultants hired to work on the project as consultants; not as full time staff.
Yes, it is possible provided the proposal is aligned to the matching grant model. The budget needs to be realistic and the innovative ideas convincing as regards to the issues of scale, future sustainability, and value proposition.
The disbursement plan can be flexible; depending on the project needs and the project outline is addressed as part the work plan template.
Through strategic partnerships with rural based institutions such as Cooperatives, SACCOS, VICOBAs, Youth and Women Associations, and NGOs.
The Bima Challenge model is a matching grant. There is limited flexible in this area and the exception will be based on the evaluation of the proposal and the envisioned impact.
Bima Challenge is open to all; individuals and sole proprietors are welcomed to apply. We do encourage strategic partnerships.
Yes, research does qualify for funding. We do require the research to either be specific to driving a particular project (e.g. market research) or to address a specific problem that will impact the overall Microinsurance industry.
Either a MOU or a Letter of Intent; otherwise a contract signed by both parties.
Yes, there is room for many other applications. You may also just improve your original idea.
In cash we mean physical cash in the bank; in-kind has reference to monetizing the activities you intend to do during the project. It also includes projected future contributions.
Either identify an alternative partner(s)who can work at your pace, or work with your partner to improve their pace.
10 weeks is the maximum period as there are 4 main stages with an allowance of 2 weeks each. However, it may take a lot less than 10 weeks if the application is done well.
It is possible.
That depends on the understandings and responsibilities of each of the parties.