2. What supporting documents are needed to confirm co-financing?
The BFSF will accept a letter of commitment, a copy of an award letter, or a copy of the grant award to confirm committed funds.
3. Can a recipient organization apply for a second grant while implementing an ongoing BFSF-funded Project?
No. The BFSF will not consider concurrent projects.
4. Will the BFSF support international traveling?
Yes. The BFSF will support international traveling as long as the activity is directly linked to the BFSF Blue Bond Thematic Areas and conservation commitments.
5. Are there limitations on salaries?
Yes. The salary limitations are as follows:
- 100% of staff salaries can be covered by BFSF, for new positions that are fully and exclusively involved in the implementation of BFSF project activities.
- Up to 60% of salaries for existing staff can be covered by BFSF, provided that they are directly involved in the implementation of BFSF project activities.
- Up to 20% of administrative staff salaries, such as Executive Director, Finance personnel, drivers, accountants, HR, etc., can be covered by the BFSF in support of project activities.
6. Can an entity acting as an intermediary apply for a grant?
Yes, entities that are serving as intermediaries are eligible to submit an application on behalf of their organization during the same CfP.
7. Can an organization apply for funding without having a Financial Intelligence Unit Certificate and/or Certificate of Good Standing?
Yes. While organizations can still apply for funding, FIU/CGS are required documents in the BFSF Financial Risk Screening to be able to demonstrate sound governance and financial management. Organizations that cannot present these documents at application will be required to submit these documents by a defined date during project implementation, as specified in the Grant Agreement.
8. Can Government apply for funding under the Grants Award Program (GAP)?
Yes. Government entities are eligible to apply for funds under the GAP provided that the funding is for an activity not covered by the Government Strategic Allocation (GSA) and the governmental entity is a junior co-applicant1 in an application with a non-government entity being the main/lead applicant.
9. What types of co-financing does the BFSF accept?
The BFSF accepts both cash and/or in-kind.
10. Can private businesses qualify for a grant?
Yes. A private business/company can apply for grant funding under the Grants Award Program, provided that the entity meets BFSF eligibility criteria and contributes towards the BFSF Thematic Areas. Private sector applicants will be required to provide a 1:1 co-financing and additional requirements2 . Co-financing can be in the form of cash or in-kind (combined).
11. Do overhead costs fall under admin expenses?
Yes, overhead expenses are categorized under administrative expenses.
12. Will BFSF consider planning grants?
Yes. The BFSF considers and awards planning grants.
13. Will feedback be provided to unsuccessful submissions?
Yes, the BFSF will provide feedback during and after the Call to update the proponent organization on the application status.
14. Does the BFSF provide grants to individuals?
No, individuals are not eligible to apply for a BFSF grant. The BFSF will only fund entities that are legally registered in Belize and can demonstrate sound financial and project management.
15. How long does it take the BFSF to approve an application?
The expected turnaround time to approve an application is ninety (90) days from the CfP deadline.
16. How will an organization know if its application has passed screening?
Throughout each stage of the application process, the applicant will be informed whether or not their application has passed or failed to advance to the next stage.
1 Junior Co-applicant: Is an entity that is involved in the grant application of a proposed project with minor or less project implementation responsibilities.
2 Applications should be focused on projects with a conservation approach that generate positive impacts to ecosystems and livelihoods.