Innovation Partnerships in Tourism & Hospitality

Call for Concepts
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OVERVIEW

Prospero Zambia works with intervention partners in the tourism, artisanal products and conservation sectors to address market constraints that hamper sector growth, competitiveness and opportunities for SMEs. These constraints include:

Capital:

Access to investment and working capital finance constrains the growth potential of SMEs – or would-be entrepreneurs. Innovative solutions around capital accessibility and provision for SMEs would have an inordinate impact on job creation and growth.

Capacity:

Management capacity both directly within these sectors – or within the business services sectors that should offer value-adding support to these sectors – is an ever-present issue that requires innovative approaches to enable more efficient functioning and greater SME accessibility within these markets.

Connections:

Poor physical or virtual connections to end-markets, consumers/clients or products, exorbitant logistics and shipping costs (particularly in the artisanal products sector) and overall cost of doing business limit opportunities for SMEs to grow. Lack of collaboration between potentially complementary businesses further restricts likely growth.

Compliance:

Changing, unclear or overly burdensome regulations, limited information about existing industry requirements, and limited availability of quality inputs or packaging (in the artisanal products sector) make it difficult for SMEs to competitively abide by formal and informal rules of their respective markets or customer preferences.

Prospero is seeking strong, commercially-oriented investment concepts under the tourism sector. Innovative business ideas that are involved in the following will be prioritised: 

1.     Developing the Production efficiency of SMEs in the Artisanal and Natural Products Sector

After analysis and consultation with stakeholders, Prospero has developed this co-financing facility as described below:

Facility  Facility Description
Developing the production efficiency of SMEs in the Artisanal and Natural Products Sector

A co-financing facility open to any private sector or non-profit organization that is involved in the sourcing, production, value-addition, aggregation, or sales of natural products or artisanal crafts in landscapes/geographies in Southern, Central, Western or Lusaka provinces, particularly in areas in/adjacent to Game Management Areas (GMAs) or National Parks.

The definition of “natural products” is broad and includes, but is not limited to, arts/crafts from natural products, edible/non-edible products, seed or nut-based oils, cosmetics inputs, wild fruit or vegetable products, grass/leaf-based products, health-food inputs, etc. 

Through this facility, Prospero plans to incentivize production efficiency through light mechanization or other systems and encourage innovative business investments in these specific landscapes to improve drive greater opportunities for MSME growth, thus facilitating job and/or income opportunity creation.

Successful concept notes will proceed to a full proposal stage.

 

When reviewing concepts to determine which move to a full proposal stage, Prospero is guided by the following factors:

  • Investments should have a meaningful commercial impact across one or more target landscapes
  • Innovation in terms of the business model, a new product or service, or a particularly convincing way that will address the relevant facility’s goals is important
  • Concepts should create jobs or income opportunities, especially for low-income Zambians, marginalised populations (women, youth, rural, or disabled) or create growth opportunities for MSMEs
  • Concepts that sustainably commercialise (or scaled-up commercialisation) natural resources or reduce unsustainable use of natural resources are viewed favourably
  • Innovations that mitigate climate change or enhance communities’ resilience or adaption to climate change are viewed favourably
  • Innovations that create/develop opportunities for subsequent impact investment are interesting
  • Concepts that increase value addition of landscape-based products or increase local capture of value addition are viewed favourably
  • Concepts that indirectly improve health/nutrition outcomes (though projects should not have this as a primary objective) are viewed favourably

The funding structure of this facility is:

Facility Facility Structure Prospero Contribution (Indicative range)
Developing the production efficiency of SMEs in the Artisanal and Natural Products Sector

Prospero is offering co-financing for this facility in the form of investment  grants.

We expect that these investment projects will be co-financed by the grant awardee or a third-party in a consortium arrangement. Our traditional co-financing threshold is 50% of eligible project costs, but at its discretion, Prospero may finance 100% of eligible costs where particular innovation is demonstrated, considering a proportional level of expected impact. 

Pending grantee budgets, we expect to award a maximum of 3 grants under this facility.

£5,000 up to £12,000

 

For investment concepts outside of the indicative range, please contact Prospero prior to submission.

Additional Principles for competitive concepts

In addition to the guidance in Section 2, project concepts should be developed within the following principles in mind:

  • Prospero is looking for innovative, high-impact projects that meaningfully benefit large numbers of Zambian individuals and/or MSMEs, proportional to the size of the investment. Be advised that only the best value-for-money and high-impact projects will be considered for proposal development. Funding is not guaranteed.
  • Concepts from women-owned organisations or those that benefit women-owned MSMEs are encouraged.
  • Applicants should display sufficient capacity (technical, management and financial) to implement the proposed project successfully and account for funds provided.
  • All other project aspects being equal, projects likely to deliver greater outcomes and in which the partner(s) contribute(s) a larger proportion of the total project budget will be more competitive for funding. This will be assessed and judged internally by the Prospero team.
  • Successful concept notes will proceed to a full proposal stage. For successful proposals, returnable grants will be provided to support implementation of eligible costs of investment projects. Further guidance will be provided at proposal development stage, but broadly, eligible costs include reasonable and actual costs related to project setup, capital assets, one-off project operations costs and other one-off costs related to project implementation. Vehicles are only eligible in very specific circumstances where need is clearly explained and no other transportation option is appropriate.
2.     Investing in Landscape focused Business Innovation

After analysis and consultation with stakeholders, Prospero has developed this co-financing facility as described below:

Facility Facility Description
Investing in Landscape-focused Business Innovation

A co-financing facility open to any private sector organisation looking to invest in or scale-up commercial business activities in landscapes/geographies in Southern, Central, Western provinces, particularly in areas in/adjacent to Game Management Areas (GMAs) or National Parks.

Through this facility, Prospero plans to incentivise innovative business investments in these specific landscapes to drive greater opportunities for MSME growth, thus facilitating job and/or income opportunity creation.

Successful concept notes will proceed to a full proposal stage.

 

Investments should have a meaningful commercial impact across one or more target landscapesWhen assessing which concepts notes are approved to proceed to a full proposal stage, Prospero is guided by the following factors:

  • Innovation in terms of the business model, a new product or service, or a particularly convincing way that will address the relevant facility’s goals is important
  • Concepts should create jobs or income opportunities, especially for low-income Zambians, marginalised populations (women, youth, rural, or disabled) and/or create growth opportunities for MSMEs
  • Concepts that sustainably commercialise (or scale-up commercialisation) natural resources and/or reduce unsustainable use of natural resources are viewed favourably
  • Innovations that mitigate climate change or enhance communities’ resilience or adaption to climate change are viewed favourably
  • Innovations that create/develop opportunities for subsequent impact investment are encouraged
  • Concepts that increase value addition of landscape-based products or increase local capture of value addition are viewed favourably
  • Concepts that indirectly improve health/nutrition outcomes (though projects should not have this as a primary objective) are viewed favourably.

The funding structure of this facility is:

Facility Facility Structure Prospero Contribution (Indicative range)
Investing in Landscape-focused Business Innovation

Prospero is offering co-financing for this facility in the form of investment  grants.

We expect that these investment projects will be co-financed by the grant awardee or a third-party in a consortium arrangement. Our traditional co-financing threshold is 50% of eligible project costs, but at its discretion, Prospero may finance 100% of eligible costs where particular innovation is demonstrated, considering a proportional level of expected impact.

Pending grantee budgets, we expect to award a maximum of 2 investment grants under this facility.

£5,000 up to £12,000

 

For investment concepts outside of the indicative range, please contact Prospero prior to submission.

Additional Principles for competitive concepts

In addition to the guidance in Section 2, project concepts should be developed within the following principles in mind:

  • Prospero is looking for innovative, high-impact projects that meaningfully benefit large numbers of Zambian individuals and/or MSMEs, proportional to the size of the investment. Be advised that only the best value-for-money and high-impact projects will be considered for proposal development. Funding is not guaranteed.
  • Concepts from women-owned organisations or those that benefit women-owned MSMEs are strongly encouraged.
  • Applicants should display sufficient capacity (technical, management and financial) to implement the proposed project successfully and account for funds provided.
  • All other project aspects being equal, projects likely to deliver greater outcomes and in which the partner(s) contribute(s) a larger proportion of the total project budget will be more competitive for funding. This will be assessed and judged internally by the Prospero team.
  • Successful concept notes will proceed to a full proposal stage. For successful proposals, returnable grants will be provided to support implementation of eligible costs of investment projects. Further guidance will be provided at proposal development stage, but broadly, eligible costs include reasonable and actual costs related to project setup, capital assets, one-off project operations costs and other one-off costs related to project implementation. Vehicles are only eligible in very specific circumstances where need is clearly explained and no other transportation option is appropriate.
3.     Strengthening Collaborative Management Partnerships (CMPs) and Enhancing Commercial Approaches of NGO Projects in/ around CMPs

After analysis and consultation with stakeholders, Prospero has developed two co-financing facilities as described below:

Facility Facility Description
Strengthening Collaborative Management Partnerships

Strengthening Collaborative Management Partnerships

A co-financing facility open to any private sector or not-for-profit organisation involved – as a direct partner or a general stakeholder – in a collaborative management partnership over Zambian protected areas in Southern, Central, Western or Lusaka Provinces.

Through this facility, Prospero will enhance the effectiveness, sustainability, and impact of Collaborative Management Partnerships as a model through investment projects that result in greater economic benefits, stronger conservation incentives and greater climate change mitigation, resilience, or adaption for communities or MSMEs in/around protected areas.

Successful concept notes will proceed to a full proposal stage.

Enhancing Commercial Approaches of NGO Projects in/around CMPs

A co-financing facility open to any not-for-profit organisation that is involved in project implementation in/around Zambian protected areas in in Southern, Central, or Western Provinces that enhance livelihood opportunities, support development of conservation incentives, protect/increase biodiversity, support climate change mitigation, adaption or resilience AND have the potential to be commercialised or have more commercial impact.

The goal of this facility it to strengthen the commercial nature (and hence, sustainability) and development impact of non-profit projects in Prospero’s target landscapes.

Successful concept notes will proceed to a full proposal stage.

 

When assessing which concepts notes are approved to proceed to a full proposal stage, Prospero is guided by the following factors:

  • Creation of jobs or income opportunities, especially for low-income Zambians or marginalised populations (women, youth, rural, or disabled) in/around protected areas (PAs) under a Collaborative Management Partnership
  • Investment projects that better link communities in/around PAs with wider commercial activity so as to create conservation incentives aligned with sustainable use of natural resources
  • Investment projects that bring together wider stakeholders around improved management and greater sustainability of protected areas under CMPs through commercial engagement with local communities
  • Investment projects that increase commercial approaches (and hence, sustainability) of NGO support to communities in/around protected areas
  • Investment projects that contribute to climate change adaption, resilience, and/or mitigation through diversified or more sustainable livelihoods.

The funding structure of these facilities is:

Facilities Facility Structure Prospero Contribution (Indicative range)

Strengthening Collaborative Management Partnerships

 

 

and

 

 

Enhancing Commercial Approaches of NGO Projects in/around CMPs

Prospero is offering co-financing for these facilities in the form of investment grants.

We expect that these investment projects will be co-financed by the grant awardee or a third-party in a consortium arrangement. Our traditional co-financing threshold is 50% of eligible project costs, but at its discretion, Prospero may finance 100% of eligible costs where particular innovation is demonstrated, considering a proportional level of expected impact.

Pending grantee budgets, we expect to award a maximum of 5 investment grants under these facilities.

£5,000 up to £15,000

 

For investment concepts outside of the indicative range, please contact Prospero prior to submission.

Additional Principles for competitive concepts

In addition to the guidance in Section 2, project concepts should be developed within the following principles in mind:

  • Concepts should introduce some level of innovation in terms of the business model, a new product or service, or a particularly convincing way that will address the relevant facility’s goals.
  • Prospero is looking for innovative, high-impact projects that meaningfully benefit large numbers of Zambian individuals and/or MSMEs, proportional to the size of the investment. Be advised that only the best value-for-money and high-impact projects will be considered. Funding is not guaranteed.
  • Concepts providing benefits to women, youth, disabled or rural or populations are strongly encouraged.
  • Concepts from women-owned organisations or those that benefit women-owned MSMEs are strongly encouraged.
  • Concepts should be as commercially-oriented as possible.
  • Applicants should display sufficient capacity (technical, management and financial) to implement the proposed project successfully and account for funds provided.
  • All other project aspects being equal, projects likely to deliver greater outcomes and in which the partner(s) contribute(s) a larger proportion of the total project budget will be more competitive for funding. This will be assessed and judged internally by the Prospero team.
  • Successful concept notes will proceed to a full proposal stage. For successful proposals, returnable grants will be provided to support implementation of eligible costs of investment projects. Further guidance will be provided at proposal development stage, but broadly, eligible costs include reasonable and actual costs related to project setup, capital assets, one-off project operations costs and other one-off costs related to project implementation. Vehicles are only eligible in very specific circumstances where need is clearly explained and no other transportation option is appropriate.

ELIGIBILITY AND APPLICATION GUIDELINES

Who can apply for a grant from Prospero?

Registered and tax-compliant for-profit and non- profit organizations are eligible to apply. Individuals are not eligible.

How to apply

Step 1: Interested applicants should fill out the form below in full.

Step 2: After the form has been submitted, applicants will promptly receive an email containing further application instructions, including templates to be completed. If the email does not appear in your inbox, please check your spam or junk folder.

Please take note of the following:
  • Applicants should complete the relevant concept note template with as much succinct clarity as possible.
  • Concepts will be accepted on a rolling basis. Application deadline is  31 August 2021 at 07:00(or sooner at Prospero’s discretion). Concepts will be reviewed on a first-submitted, first-reviewed basis. 
  • Prospero reserves the right to close the grant facilities at any time. Please follow our social media pages for updates in the event this occurs:
Facebook: @prosperozm
Twitter: @prosperozm
LinkedIn: Prospero Zambia

  • Prospero will review each application and feedback will be provided to all applicants. Concept submissions that do not include ALL required documents WILL NOT be reviewed. Prospero’s decisions on concept applications are final.
  • If a concept submission is successful, the applicant will be invited to submit a full proposal. Further guidance on the proposal submission process will be provided at this stage.

Complete the form below to receive application instructions

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