The Export Readiness Fund (ERF)

The Export Readiness Fund (ERF) is a $10 million matching grant program which will provide grant-based incentives to firms to support Bangladeshi exports. ERF grants will assist firms to identify and address Environmental, Social and Quality (ESQ) compliance gaps, upgrade products and production process and support firms to meet trade standards. This will be done in order to comply with the laws and regulations of major export markets and requirements of multinational brands. The ERF was launched on 5 January 2020 and the Fund will cover a period of three years.

THE LAUNCH OF WINDOW 1

The call for applications for Window 1 commenced on 5 January 2020. Apply for ERF grants for Window 1 ESQ assessments || English Application || Bangla Application || Bangla Application Guidance

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