Opportunity ID: 294155
General Information
| Document Type: | Grants Notice |
| Funding Opportunity Number: | MCC-17-INFO-EVENT-0001 |
| Funding Opportunity Title: | Fonds Chakara large-scale grant program launch to support Public-Private Partnership (PPP) models for Technical and Vocational Education and Training in Morocco |
| Opportunity Category: | Other |
| Opportunity Category Explanation: | This is an informational public announcement only for a launch event on June 1, 2017 |
| Funding Instrument Type: | Other |
| Category of Funding Activity: | Other (see text field entitled “Explanation of Other Category of Funding Activity” for clarification) |
| Category Explanation: | MCC Informational Session on New Grant Fund in Morocco
Thursday, June 1, 2017 from 3:00 pm to 4:30 pm Please RSVP by May 30 at |
| Expected Number of Awards: | 0 |
| Assistance Listings: | 85.002 — MCC Foreign Assistance for Overseas Programs |
| Cost Sharing or Matching Requirement: | No |
| Version: | Synopsis 1 |
| Posted Date: | May 26, 2017 |
| Last Updated Date: | – |
| Original Closing Date for Applications: | Jun 01, 2017 MCC Informational Session on New Grant Fund in Morocco Thursday June 1, 2017 3:00 p.m. – 4:30 p.m. Millennium Challenge Corporation Please RSVP by May 30 at |
| Current Closing Date for Applications: | Jun 01, 2017 MCC Informational Session on New Grant Fund in Morocco Thursday June 1, 2017 3:00 p.m. – 4:30 p.m. Millennium Challenge Corporation Please RSVP by May 30 at |
| Archive Date: | Jul 01, 2017 |
| Estimated Total Program Funding: | $90,000,000 |
| Award Ceiling: | $0 |
| Award Floor: | $0 |
Eligibility
| Eligible Applicants: | Others (see text field entitled “Additional Information on Eligibility” for clarification) |
| Additional Information on Eligibility: | Applications to the Charaka Fund will be submitted by Moroccan private sector associations in close collaboration with public sector entities. The Fund strongly encourages applicants to also partner with international organizations and private sector firms that can provide guidance on best practices and help guarantee the long-term success of Charaka Fund training centers. The MCC Morocco team is hosting an event on Thursday, June 1 to explain these opportunities and discuss how you can get involved. Please see additional information on the event and a link to RSVP below. |
Additional Information
| Agency Name: | Millennium Challenge Corporation |
| Description: | The Millennium Challenge Corporation, a US government agency with a mission to reduce poverty through economic growth, has signed a $450 million Compact with the Government of Morocco that is focused on supporting two barriers to economic growth: education and land productivity. As part of the program, the Millennium Challenge Account – Morocco, the entity designated by the Government of Morocco to implement the program, will soon be launching a large-scale grant fund to support technical and vocational education and training (TVET) programs in Morocco. The Fund – named the Charaka Fund – will finance creation of new TVET centers or expansion of existing TVET centers that are operated as Public-Private Partnerships, and demonstrate a clear responsiveness to the needs of the private sector. The grant facility, named Fonds Charaka (the Fund), was designed in response to a recognition that training centers in Morocco which are driven by the private sector better meet the needs of both employers and graduates. They also achieve much higher post-graduate employment rates, largely because the skills for which they provide training are more responsive to the needs of the private sector. With a secondary education graduation rate of less than 40% and youth unemployment above 20%, MCC and the Government of Morocco have jointly recognized the importance of improving job opportunities for youth. At the same time, private sector industry is growing rapidly in Morocco, and firms are eagerly seeking a more qualified local workforce. The call for proposals will be launched on the Millennium Challenge Account-Morocco (MCA-Morocco) website on May 29th. MCC also invites you to join the official launch event in Casablanca on June 14th, and additional info sessions throughout Morocco in the following weeks. The official launch and subsequent information sessions will be organized by MCA-Morocco. Please RSVP for this MCC Washington DC event on June 1, 2017 by May 30th on the link provided above. To learn more about the fund, please visit the MCA-Morocco website (in French) http://mca-maroc.ma/appel-partenariat |
| Link to Additional Information: | RSVP for the event |
| Grantor Contact Information: | If you have difficulty accessing the full announcement electronically, please contact:
MCC’s Charaka fund email
Email:MCCFundCharaka@mcc.gov |
Version History
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