The Incentive Fund grant application process is a three-step process. The Incentive Fund team is available to answer any questions and support organisations through the process.
If you have a project that you would like to discuss, or you want to discuss eligibility or application requirements, please contact the Incentive Fund via:
Download the grant application guidelines here.
The Incentive Fund Board reviews and considers EOI applications twice per year, at Board meetings held usually in March and November. At each approval meeting, all EOIs submitted in the previous period are assessed in a competitive process. EOIs are assessed and ranked against set criteria that aim to ensure:
The highest ranked EOIs are then matched to available funding. Successful applicants are then invited to proceed to the Investment Case stage of the grants process. Unsuccessful applicants are provided feedback on their EOI submission.
If your organisation submits a compliant EOI that is unsuccessful in gaining approval from the Board, your organisation is able to revise and re-submit the EOI twice more for re-consideration at subsequent Board meetings.
In order to allow sufficient time for EOIs to be properly assessed, applicants must submit EOIs for Board consideration approximately 8 weeks prior to the relevant Board meeting. Cut off dates for applications are indicated below:
Board meeting Deadline for submission of EOIs
March 31 January each year
November 30 September each year
Once an organisation confirms organisational and project eligibility for an Incentive Fund grant, the next step is to submit an expression of interest (EOI).
Applicants are encouraged to read the Incentive Fund Grant Application Guideline and must understand the EOI requirements as outlined in the EOI template.
If an EOI is successful, the Incentive Fund will work with your organisation to develop an investment case for consideration by the Incentive Fund Operational Management Group, and then the Incentive Fund Board.
The investment case includes a project concept proposal which will be developed by the organisation with support from the Incentive Fund. Upon submission of the concept proposal, the Incentive Fund will complete a joint organisational assessment with the organisation to confirm the organisation’s capacity to deliver the project.
Upon Incentive Fund Board approval, the application then progresses to stage 3.
Upon Incentive Fund Board approval, the organisation signs a two-step agreement with the Incentive Fund.
The first step covers the project design, presented within a detailed proposal and developed with the guidance and support of the Incentive Fund team.
Once the detailed proposal receives the Board’s approval, the project moves to project implementation.
Yes, an expression of interest (EOI) form will need to be completed and submitted along with other attachments as indicated.
Organisations interested in applying for an Incentive Fund grant are advised to read through the Incentive Fund Grant Application Guideline for detailed information on how to apply. The guideline includes the eligibility criteria, the EOI template and information on the three-stage grants process. Also available are factsheets on climate change and disaster resilience, and gender equality, disability and social inclusion that will assist you in collating your EOI. You can also view our eligibility checklist online.
Yes, an Incentive Fund Grant Application Guideline is available containing an overview of the Incentive Fund grant application process and an EOI template outlining the requirements. Download a copy.
Read about the three stages of the grant process here.
Eligible organisations can submit an EOI at any time. Response times to submitted proposals will vary depending on when you lodge your EOI and the number of proposals being considered. The Board meets twice per year.
A wide range of Papua New Guinean organisations are eligible to apply for funding, including:
– Provincial and local-level governments and their trading organisations.
– Statutory government authorities (such as research organisations, universities, schools and hospitals).
– Community and faith-based organisations.
– Private sector organisations.
All eligible organisations must be registered with the Investment Promotion Authority or be established under Papua New Guinean legislation. National government departments are not eligible for funding.
