COMPETE Salone

Driving change through private sector development

COVID-19 RECOVERY WINDOW NOW OPEN: Please Click Here

Introduction to COMPETE Salone

COMPETE Salone is a new competitive grant facility, financed by the UK Foreign, Commonwealth & Development Office (FCDO). COMPETE Salone helps businesses to prove the viability of new business models that integrate Sierra Leonean producers and companies into export value chains. The grant facility works by offering a matching grant and technical assistance to the private sector to test these models. COMPETE Salone will only fund projects that the applicant would not be prepared to pursue on a purely commercial basis and the funding aims to enhance the ability of such projects to be replicated or scaled up on a commercial basis upon completion.

COVID-19 Recovery Window

In order to respond to the COVID-19 crisis, COMPETE Salone is deploying a funding window of immediate support to critical businesses in agriculture, manufacturing, tourism and fisheries as well as those whose failure could have severe impacts on the economy. This could include businesses that support the supply of food, communications, transport and logistics. Applications are being accepted now. More information can be found here.

Who can apply?

We are seeking project Concept Notes from businesses with operations in Sierra Leone that can demonstrate their capacity to implement their proposed project and meet one of our funding challenges. These businesses can work with either an already established supply chain or aim to establish a supply chain incorporating Sierra Leonean suppliers and small- and medium-sized enterprises. More information on eligibility and the application process can be found here.

Supported by FCDO through the Invest Salone programme, COMPETE Salone is designed to be a quick, responsive mechanism that is not overly bureaucratic and understands the needs of the private sector. For questions about COMPETE Salone, please contact us at CSquestions@investsalone.com.

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