Evaluation of Applications
Applications which fulfil the criteria indicated above will be assessed according to the assessment criteria contained in Annexure 1. Please note that the evaluation criteria will be adjusted according to the development and implementation phase of the project and the financial product applied for as outlined in this guide. In brief the process described below will be followed by the PPDF Secretariat (DBSA).
The application is open for interested parties to apply for grant funding as per eligible criteria.
The applications will be received, reviewed and checked to ensure that the documents are complete and that all necessary information is included. Applications will then first be evaluated by the SADC Secretariat according to the Tier One Assessment Criteria and any not eliminated will then be evaluated by the PPDF Secretariat (DBSA) according to the Tier Two Assessment Criteria.
Eligible and complete applications will either be approved for due diligence or rejected by the Steering Committee. Applicants are updated on the outcome of the process.
Project applications accepted in step 3 will undergo a due diligence and an appraisal report will be prepared by the PPDF Secretariat for final recommendation to the PPDF Steering Committee funding consideration. Additional detailed information may be requested from the applicant.
The applicant will be informed of the final decision, and successful be offered a facility agreement.
APPLICANTS WILL NOT BE CONSIDERED FOR ANY OF THE FOLLOWING REASONS:
- The applicant is bankrupt or being wound up, under administration by the courts, have entered into an arrangement with creditors, have suspended business activities, is the subject of proceedings concerning those matters, or are in any analogous situation arising from a similar procedure provided for in national legislation or
- They or persons having powers of representation, decision making or control over them have been convicted of an offence concerning their professional conduct by a judgment of a competent authority in the SADC
- They or persons having powers of representation, decision making or control over them have been the subject of a judgment for fraud, corruption, involvement in a criminal organisation, money laundering or any other illegal activity, where such an illegal activity is detrimental to the country’s financial interests.
VALIDITY OF APPLICATIONS
All applications will be regarded as valid for a period of 12 months from the closing date. The PPDF Secretariat (DBSA) may upon evaluation request an updated application or request another application.
The PPDF Steering Committee reserves the right:
- To reject all or any of the applications;
- To waiver any or all irregularities in the applications submitted;
- To retain the right not to select any application(s) even if meeting all the requirements.
There will be no briefing sessions held. Only enquiries sent to email@example.com will be responded to.