• Email: info@erf-bd.com
  • Phone : +88-02-9833736, +88-02-9833737, +88-02-9833738
COVID-19 Enterprise Response Fund, funding WINDOW 4 is open now, Please make your query through email at info@erf-bd.com

The Export Readiness Fund (ERF)


Export diversification is a key priority for the Government of Bangladesh in order to continue to deliver accelerated growth, sustainable development and increased job creation for the country. In line with this objective, the Ministry of Commerce, Government of the People’s Republic of Bangladesh, is implementing the Export Competitiveness for Jobs (EC4J) Project, supported by the World Bank.

The Export Readiness Fund (ERF) is a US$17.5 million(US$ 7.5 million has been added additionally recently for COVID 19 Enterprise Response Fund)  matching-grant programme of the EC4J Project that provides financial support under three funding windows to eligible Bangladeshi firms in four targeted sectors to identify gaps, catalyse investment and improve Environmental, Social and Quality (ESQ) standards in efforts to enhance their competitiveness in the export markets.

In response to the COVID-19 pandemic, a fourth funding window called the COVID-19 Enterprise Response Fund (CERF)is now open from 18 April 2021 to support Bangladeshi businesses to repurpose and pivot their operations and build resilience in an ever-changing economic environment.

The total grant amount for W4 is US$ 7.5 million. Under the CERF, ERF will contribute to supporting the private sector by providing a maximum of 60% grant support to SMEs and 50% to Large Enterprise. The maximum amount of matching grant is of up-to US$500,000 and minimum is US$50,000 to private enterprises to procure plant, equipment, materials and know-how for rapid repurposing of capacity to produce Medical and Personal Protective Equipment (MPPE) products on a sustainable basis.

The ERF was launched on 5 January 2020 and will operateover a period of three (3) years.

WINDOW 4: COVID-19 ENTERPRISE RESPONSE FUND

GUIDANCE NOTES FOR GRANT APPLICANTS

Grant Application Form || Guidance for applicants || Grant Proposal Template || Financial Forecast Template || Grant Budget Template || Safeguard Checklist || Service Provider Registration Form|| Inquiry Form I and II (CIB Reporting)|| Undertaking Ka (CIB Reporting)


FUNDING WINDOWS 2 AND 3

Windows 2 and 3 were launched 30 September 2020.
Apply for ERF Matching Grants under Window 2 and Window 3.

The Procedures :

Submission of Concept Note.
If Concept Note is approved, then submission of Grant Proposal.
For Window 3, Business Plan has to be submitted with Grant Proposal.
Apply for ERF grants for Window 2 and Window 3
Concept Note || Grant Proposal || Guidelines for Business Plan

THE ERF WILL COVER FOUR KEY SECTORS WITH THE AIM TO DIVERSIFY EXPORTS :

Leather and leather goods.
Footwear (leather and non-leather).
Light engineering products include: electronics and electrical goods, automobiles and parts, bicycles, motorbikes, accumulators, batteries, foundries, dies and molds, printed circuit boards (PCB), micro controller/microprocessor controlled equipment, electrical appliances, electrical cables, light and fittings, solar module and components, switchgear and substation equipment.
Plastic products