Call for Proposals: International Municipal Investment Fund Technical Assistance Facility

The IMIF Technical Assistance Facility (IMIF-TAF) aims to assist urban investment opportunities with development and late-stage project preparation. IMIF TAF focuses largely on directly supporting municipalities in middle and lower-income countries, for projects which can reasonably expected to be financeable by the private sector.

After completing the Technical Assistance phase, projects supported by the IMIF TAF may be eligible for submission to the International Municipal Investment Fund (IMIF) for equity investment. IMIF invests in commercially viable projects sponsored by cities to expand their fiscal space and accelerate the implementation of SDG11, SDG13, and other related SDGs. An independent third-party fund manager, Meridiam, manages IMIF.

Targeted Segments and Sectors

The call for proposal targets infrastructure projects in segments and sectors including, but are not limited to:

• Solid Waste: Activities related to waste management, including solid waste collection and disposal.
• Water Supply and Sewerage: Infrastructure and services related to water supply, sewage, and waste management.
• Urban Development: Construction and development projects within urban areas.
• Industrial Sector Development: Construction and infrastructure development in industrial sectors such as manufacturing and shipping.
• Transportation: Projects related to transportation, infrastructure construction, and storage.
• Food Security: Infrastructure projects involving storage and transportation for food security.
• Energy efficiency and Utilities: Energy efficient public lighting, power generation, distribution, transmission, delivery, and consumption.
• Land Development and Housing: Initiatives focused on land development and housing solutions.
• Digital infrastructure networks: FTTH, etc.

Funding Information

• The financial support is expected to be up to $250,000 per project.

Geographic Scope: Eligible applicants in any of the non-OECD countries are invited to submit their interest in response to this Call for Proposals.

Eligibility Requirements

The following requirements need to be met to be eligible for this Call for Proposals:

• Applicant must be a city or a formally registered subnational authority such as a city, local government, regional government, or metropolitan, or entities with an official mandate from the local public authority.
• The project needs to be aligned with the United Nations Sustainable Development Goals.
• Projects should have a well identified economic rationale, with clarity around potential funding sources.
• Projects should originate from a non-OECD country.
• Projects should be in countries that are not in serious conflict or war.
• Projects should be requesting equity funding. There should be a clear indication of how the equity will come in at the project level, and the applicant’s role must be clearly defined.
• The applicant and any other related government agencies should have approved the project. For example, if the project requires approval from a city council to proceed, that approval must be already secured.
• The project should have a feasibility study (this could be a basic upfront technical study), be revenue-generating, and be commercially viable.
• Projects must have already secured the necessary grant funding if it is a requirement. Projects with incomplete minimal grant funding requirements may be considered in exceptional cases.

For more information, visit UNCDF.