Call for Concept Notes (CN) for F4J-DIB-2

Thank you for your interest in applying to the Call for Concept Notes (CN) under the Finance for Jobs (F4J) Development Impact Bond (DIB 2). 

The F4J Youth Employment DIB is a results-based financial model designed to support Palestinian youth employment based on the needs of the labor market. In this model, investors provide the working capital for local Service Providers and get paid by Outcomes Funders for achieved employment outcomes. 

Building on the success of the first F4J DIB, which exceeded all its employment targets under the umbrella of Finance of Jobs (F4J) project, the F4J outcome funders and investors have decided to implement another Impact Bond (DIB 2). The DIB emphasis on employment as opposed to just training has helped to shift the culture of Service Providers and raise the impact of the DIB. This results-based financing model has created the right incentives for all SPs, helping them focus on the end-result, i.e. employment, and not run any training unless there is an employer - with a vacancy - waiting for the training result, i.e. a skilled youth. 

The first DIB’s four investors were Palestine Investment Fund (PIF), European Bank for Reconstruction and Development (EBRD), the Dutch Entrepreneurial Development Bank (FMO), and the Chilean-Palestinian Diaspora Investment Fund “Semilla de Olivo”. 

The DIB’s Outcomes Funders are the Ministry of Finance, through the Finance for Jobs (F4J) project, implemented by DAI, with funding from the World Bank. 

Finance for Jobs for Consulting Services (F4J-CS) is a Palestinian Private Limited Company, based in Ramallah, that led the implementation of the first Palestinian youth employment Development Impact Bond (DIB 1), under the umbrella of the F4J project, between 2020-2024, with private-funding from the aforementioned investors, aimed at addressing the issue of youth unemployment in Palestine. 

The company will initiate the required mobilization for DIB 2 on behalf of its investors and outcomes funders. It is now soliciting applications for DIB 2 in the form of Concept Notes (CN) from potential Service Providers to help it expand its pipeline of employment projects. 

Sadly, due to the current war on Gaza and the current focus on humanitarian responses there, the DIB is currently receiving applications for employment projects targeting youth in the West Bank only. The DIB partners hope to announce a call for Concept Notes in Gaza at some point in the future. 

This new project will work through Service Providers (SPs) that are contracted to provide employment services to unemployed Palestinian youth aged between 18-29 to help them secure sustained jobs for at least 6 months. 

Deadline for CN submission: Sunday, June 30, end of day.  

Below you will find the needed links for: