The kingdom of Netherlands is inviting applications for the #cocreateSA fund 2015.
According to the event website, the move signifies Netherland’s continuation of its cocreateSA fund that was launched in 2014 as a legacy of the world design capital (Cape Town) last year.
“Last year, nine projects addressing sustainability issues have been awarded over ($42,245.79) R500,000 as part of the 2014 #cocreateSA Fund”, an excerpt from the website reads.
An investment of R500, 000 will be made in a long-term South African-Dutch partnership that aims to co-create solutions for local challenges.
Projects that potential applicants will submit are required (among other things) to focus on finding sustainable solutions for relevant bottleneck or opportunity. It must also contribute to the improvement of the local business climate and be built on the principles of #cocreateSA, demand driven, sustainable, long-term and collaborative.
Other requirements according to the event website are spelt out thus: “the minimum contribution is (2,112.29) ZAR 25,000 and the maximum contribution is ($8,449.16) ZAR 100,000 (excluding VAT), the #cocreateSA contribution may not exceed 50% of the total cost of the project”.
Image Credit: CocreateSA