Grant Application Guide – Incentive Fund

INCENTIVE FUND
EXPRESSION OF INTEREST

Any Papua New Guinean organisation seeking to apply for an Incentive Fund grant is required to
complete this Incentive Fund Expression of Interest (EOI) Form.

Please ensure all sections of the form are completed. If an applicant is unclear on how to complete this
form, please review the Incentive Fund Grant Application Guidelines (available on the Incentive Fund
website).

Grant Application

Guidelines

February 2025

Application deadlines

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:

Diversity in the Incentive Fund’s portfolio.
Alignment with Government of PNG and Government of Australia development priorities.
The likely sustainability and impact of the proposed investment.
The overall value for money of the proposed investment.

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