Orientation on Seed Fund Grant and Coordination Meeting
Seed Fund Grant (SFG) aims to provide support towards MSM and TG led CBOS to develop sustainable business plan and operate income generating activities for ensuring future sustainability and to mobilize and organize advocacy activities for conducive policy environments at local level.
From 02-05 August 2017, Orientation on Seed Fund Grant and Coordination Meeting under phase – II was organized by MSA, Bandhu at Chelakotha, 5/7 (6th Floor), Block D, Lalmatia. A total 29 participants including 05 CBO representatives, Executive Director of Bandhu, Ad-hoc Panel Committee Members and other Bandhu officials were participated in the meeting. The objectives of the meeting were-
- To develop final action plan includingbusiness plan, advocacy plan and budget
- To orient about Seed Fund Grant (SFG)
- Agreement signing of SFG
Umme Farhana Zarif Kanta, Program Manager, Bandhu extend warm welcome to the participants and commenced the meeting followed by the introduction of all participants. She briefly shared the Seed Fund Grant Project and its objective under MSA grant. Md. Shahidul Alam, Director Finance & Admin and Member of Ad-hoc Panel Committee of SFG shared the Selection process of CBOs under, SFG
The activities of the meeting were:
- Review 05 draft Business Plans (BP) submitted by CBOs for Bandhu to finalize
- Review 5 proposals and re-set the activities to implement the local level activities
- Orientation on SFG Project (Program including M&E)
- Orientation on Seed Fund Grant Project (Finance)
- Agreement Signing program
Based on final BP and budget, contract aggrement developed. On behalf of Bandhu, Mr. Saleh Ahmed, Executive Director, Bandhu and on behalf CBO, President/Secretary signed the agreement accordingly. The honorable Ad-hoc Panel Committee Members observed all the contact signing procedures.
List of CBOs and their approved Business Plan and Budget-
Name of CBOs | Name of Business Plan | Nature of Business | Budget (BDT) | Budget (USD) |
Siri SamajKallaynSangstha | Siri Hastashilpo O Block Boutique | Readymade garments with handicrafts and Block Boutique | 583,250 | 7,437.52 |
Bachar Asha SangskritikSangathan | BSS PoshakProstut O SarbarahaProkolpo | Readymade garments | 594,250 | 7,577.79 |
AgragamiSamajikUnnayanSangstha | Daffodil Tailors | Readymade garments | 319,950 | 4,079.95 |
Sathi Hijra Unnayan Sangha | Sathi Gavi Palan O DugdhaBikroyProkolpo | Cow and Dairy firm | 611,300 | 7,795.21 |
ChinnomulManobKallayan Society | Spice Restaurant O Cattering | Restaurant and Catering | 508,000 | 6,508.54 |
The CBO ChinnomulManobKallayan Society required time to develop/complete their Business Plan in that meeting but after couple of days they completed the plan and signed the agreement accordingly.
The follow up actions of this event are as follows:
- All Business Plan implementation period will be for 5 months (August to September 2017) except ChinnomulManobKallayan Society
- Through Bandhu prescribed format CBOs will provide necessary materials requisition to Bandhu along with three quotations
- All recruitment and procurement procedures will be conducted as per respective CBO policies/manual
- All advocacy event will be conducted as per M&E plan and budget of Bandhu under SFG