International Finance Corporation
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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