How to Apply?

The ICF Grants are announced in rounds with an opening and an ending timeframe. 
The announcements are shared on the website, social media platforms, digital platforms and through local newspapers. 

Applications are online and submitted through F4J’s website. 

The main Eligibility and Selection Criteria for the ICF Calls are represented below. 

Eligibility Criteria for Investment Application:

• The project represents a sound investment, though it faces institutional or external challenges that could hinder its success.
• The project is likely to have a positive social, economic, and environmental impact.
• The total project investment is at least one million dollars ($1M) or 200K for women-owned/led projects.
• Job opportunities:

1. 1. For one-million-dollar investments: it is expected to create at least 45 new jobs per investment.
   2. Women-owned/led projects: at least 10-15 new jobs.

• The company is registered and located in Palestine, and if it exists, has obtained or is in the process of obtaining the required licenses and is tax compliant. For completely new investments, primary approval from the competent authorities must be provided.
• The Proposed investment projects must fall within the economic sectors targeted by the project: agriculture, agribusiness/food processing, tourism, light manufacturing, telecommunication and internet service providers, green technology, and recycling; excluding the sectors of trade, real estate, and construction.
• The location of the investment project must be in the West Bank or the Gaza Strip.

Selection Criteria for Investment Project:

• The extent to which the project’s grant will contribute to overcoming market or institutional failure that jeopardizes the investment to proceed.
• The project demonstrates commercial viability and is expected to generate significant direct employment opportunities, with a strong focus on including women in the workforce.
• The extent to which the project has a multiplier effect on other businesses in the value chain and the broader sector (uses local raw material, creates indirect jobs, and enhances other related businesses).
• The extent to which the project is supportive of the Palestinian Nationally Determined Contributions (NDCs) and helps mitigate and adapt to climate risks.
• The extent to which the project investment is ready for implementation:

1. 1. The project can be implemented and become operational within 12-15 months.
   2. The financing is secured by at least 70% from private capital (equity and/or debt).
   3. The project has secured or is in the final stages of the process of securing licenses, permits, and documents to proceed with the investment in less than 3 months.

The project sponsors/applicants demonstrate strong capability and a proven track record of effective, transparent management.