Have a good idea about how to solve the supply
chain challenges for Covid-19 vaccine distribution? Want to contribute to
saving lives in the developing world? If Yes, then apply for Private Sector
Ideas to Address the Covid-19 Vaccine Distribution.
The solutions submitted should be proven concepts associated with
investments in the provision of logistics infrastructure, equipment or services
to support the transportation, storage and delivery of the Covid-19 vaccine or
the deployment of innovative, technological solutions that support the safe and
efficient distribution of the Covid-19 vaccine in WBG client countries. The
proposals should address the in-country distribution challenge of the Covid-19
vaccine, from the point of entry in the country to the point of administration.
All activities should complement, rather than
overlap or duplicate, existing vaccine distribution efforts. Since the ultimate
responsibility of the vaccine distribution is with national governments, the
proposals should address how the proposed idea corresponds to the broad
strategy of applicable governments and agencies.
Objectives
- Identify private sector
solutions to the Covid-19 vaccine logistics challenge that require
additional investment and/or advisory support to be successfully scaled up
or deployed in emerging markets (WBG member countries).
- IFC can provide various forms
of support to your private-sector driven project ideas for the in-country
distribution of the Covid-19 vaccine in World Bank Group (WBG) client
countries. IFC is particularly looking for developing and structuring
private sector solutions in two types of projects:
- Scaling up vaccine logistics
infrastructure and equipment; and
- Developing technological
supply chain solutions such as tracking and tracing or logistics
management solutions that aide the efficient and safe distribution of
vaccines.
Funding Information
The investments required scaling up or implement
the submitted ideas need to add up to at least US$ 20 million for consideration
in this call for proposals.
What type of Funding
will be provided?
Depending on the level of maturity of the idea,
proposals could be considered for:
- Mainstream financing: For shortlisted ideas that are sufficiently
mature for mainstream financing, IFC may enter into a detailed due
diligence process. If the proposed idea/ business plan is at a stage where
a financing can be structured by IFC, proponents of selected ideas will
benefit from having IFC review their business plan and structure a
financing solution.
- Early-stage
project development/ advisory: Proponents
of selected ideas for early stage project development/advisory will enter
into an early stage Collaboration Agreement or Co-Development Agreement,
whereby IFC will consider sharing a portion of third-party costs for a
specific defined study/studies or set of outputs (to be discussed and
agreed). The proponents of such proposals will need to provide in-kind and
cash contributions to the Project of at least an equivalent (or greater)
amount.
Eligibility Criteria
IFC can provide various forms of support to your
private-sector driven project ideas for the in-country distribution of the
Covid-19 vaccine in World Bank Group (WBG) client countries.
Post Date - 16-Apr-2021