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Goals and Objectives
The overall goal of the grant
program is to equip would-be and current micro and small private sector
enterprises with the means to produce and expand. The grant essentially
provides an infusion of capital along with a plan of how to budget and
execute a work plan which is part of the application process.
The overall goal of the grant program is to equip would-be and current
micro and small private sector enterprises with the means to produce and
expand. The grant essentially provides an infusion of capital along with
a plan of how to budget and execute a work plan which is part of the
application process.
By providing this infusion of
capital, a business will be able to expand or start up, providing
employment to its owner in addition to a number of employees. In so
doing, the employment generated by this program will move productive
laborers and workers away from destructive activities or the temptation
to engage in such activities towards actual production and means to
generate a sustaining income.
IACCI, working closely with IRD,
will have as its objective to process and award grants totaling $315,000
per month for a period of one year. With an estimate of $3000 as an
average grant size, using ICAP as a base of information, an average of
100 grants per month will be awarded.
The size of the grants that IACCI awards will not exceed $10,000. Any
application received for a grant above $10,000 in value will be passed
on to IRD for processing. Likewise, grant applications that IRD receives
that are for amounts less than $10,000 will be passed on to IACCI for
processing.
Target Recipients
Applicants for grants will most likely comprise a variety of different
kinds of people. Some will be current business owners, some will be
currently unemployed with an idea for a business opportunity that could
be successful given a bit of capital to get started.
IACCI will lean heavily towards
those applicants that can demonstrate an increase of employment in
addition to a sound sustainable business plan demonstrated in the
application process. The degree to which these two factors are present
in the application for a grant will determine its success for receiving
an award.
As the overall goal of the
program is to bring stability to the community in which the program is
being run, preference will be given to those grant applicants that
demonstrate that they will employ numbers of youth that would otherwise
be targets for militia recruitment.
Locations
The grant program will be
implemented in Baghdad. IACCI will look for applicants from certain
strategic neighborhoods that are identified by IRD and the PRT. Initial
targeted districts within Baghdad will be Rasafa, Adhamiya, Kadhamiya,
Bayaa/Jihad, Dora, and parts of Mansour.
IACCI will establish two offices
in which grant interviews will be conducted, one on the east side of the
city, and one on the west. Grant applicants will be processed through
the appropriate office depending on the geographic location of their
residences within the city of Baghdad.
The office on the east side of
the city will be located in the masbah area, close to the offices of
IRD. Any training that is done for applicants falling under the
jurisdiction of the masbah office will be conducted in the IACCI
training facility in Arrasat.
The office on the west side of
the city will be in Mansour near sahat liqaa at the end of 14th of
Ramadan Street. This office will be equipped with a training hall in
which the business training courses running alongside the grant program
will be conducted.
It is estimated that each office
will process between 75 to 100 applications per month out of which only
100 on average as a total between the two offices will be awarded. All
procurement and higher administrative functions will be conducted from
the Masbah office, allowing for close monitoring and follow-up.
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