The Prosperity Fund offers targeted funding to create real, measurable outcomes which promote openness and sustainability, boost the UK’s reputation and provide opportunities which will benefit and enhance the prosperity of both the UK and India.
As part of the UK’s global network, the British High Commission works to create conditions for global growth by increasing trade, opening markets, ensuring access to resources, and promoting sustainable growth. The Foreign and Commonwealth Office Prosperity Fund (PF) supports the UK’s development objectives of promoting sustainable development and creating the following conditions for growth:
- openness: we work for transparency and strong rules-based international economic system
- sustainability: we work for a low carbon economy and resilient energy markets and we promote science and innovation as solutions to global challenges
- opportunity: we help British companies win new business and we promote education and innovation as drivers of growth
- reputation: we promote the UK as an international partner of choice and world class destination for business
How to apply for funding
Prosperity Fund India: bidding round for financial year 2015-16
The British High Commission (BHC), New Delhi is inviting project proposals under the Prosperity Fund India Programme. Projects must strongly contribute to programme priorities for India. Please refer to the Prosperity Fund India Programme Strategy for more detail on objectives, expected outcome/indicators and suggestions for the areas new projects might look at.
Organisations looking to submit a bid are strongly encouraged to contact the Prosperity Fund Programme team in the BHC at an early stage to discuss whether their proposal is strategically aligned to the programme objectives and fits programme requirements. We encourage organisations to collaborate and submit cross-cutting projects that deliver on more than one indicator.
Civil society organisations, international NGOs, private limited companies, consulting firms, research organisations, think tanks and universities are eligible to apply for bids.
Concept bids will be evaluated for their strategic fit to the Prosperity Fund India programme strategy and the project design. Potential bidders are advised to study the programme strategy and consult relevant programme managers in the BHC to check the strategic relevance of their project purpose before submitting concept bids.
- be clearly linked to the programme objectives;
- deliver value for money and build in project sustainability;
- be a catalyst to transformational changes in policy and practice in India. Producing reports alone will not be sufficient;
- demonstrate a clear strategy to engage, influence and support key stakeholders;
- be in an area where the UK has commercial or policy expertise, producing concrete benefit to the UK as well as supporting India’s development.
- bidding process runs in three stages: concept, full bid and Prosperity Fund Board review. Only bids approved at the concept stage will be considered for the next two stages.
- shortlisting at any stage does not guarantee funding. The final decision rests with the Prosperity Fund Board.
- please use the concept bid form to submit a bid
- prospective bidders should refer to the strategy and the guidance notes on how to fill in the form.
- organisations should submit no more than two concept bid(s).
- bids must focus on areas specified in the Prosperity Programme Strategy
- proposal duration should not exceed beyond March 2016
The bidding process is highly competitive, so please make sure your project bid:
- is submitted in the required template
- is completed as per the guidance (ie meets the eligibility criteria)
- is clear, logical and comprehensive
- is well drafted and written in plain English
Please use the below bid form and supporting guidance:
Last date for concept bid submission is 3 December 2014.
|19 November 2014||Announcement of the call for bids|
|3 December 2014||Last date for submission of concept bids to the British High Commission New Delhi|
|6 January 2015*||Announcement to successful bidders to submit full bids|
|20 January 2015*||Last date for submission of full bids|
|25 February 2015*||Announcement of results. Full bids recommended for funding|
*Dates subject to change