ELIGIBILITY CRITERIA

Nature of Legal Entity

Company is a privately owned and registered for-profit Company. In this regard, applications from organizations that are majority owned (at least 50% and above) by government or by a non-profit entity are not eligible

Fund Limit

The total funds requested must not exceed USD 500,000. There is no minimum limit.

Outgrower Model

You must demonstrate that the project involves the development and growth of existing or proposed outgrower scheme/offtaker arrangements.

Matching Funds

Your Company (including 3rd parties such as co-investors or banks and other lenders) is providing matching funds of at least 50% of the total cost of the business idea i.e. at least as much as the funds requested from SLADF. This is to demonstrate risk sharing between the organization and SLADF.

Location

Your business idea must be implemented in Sierra Leone.

Value Chain

Cocoa, rice, poultry, oil palm are the core focus. However, other value chains can apply, provided they demonstrate impact on outgrowers.

SELECTION CRITERIA

  • Criteria
    Weight
  • Capacity to implement
    20%
  • Commercial viability
    20%
  • Development impact (direct & indirect)
    40%
  • Capacity Development of Outgrowers/Small holder Farmers.
    20%

FAQ

For a quick reference to some of the common questions being asked about the Sierra Leone Agribusiness Development Fund (SLADF), please click here.