Construction Ideas Fund

The Construction Ideas Fund has now re-opened for business!

We are pleased to announce the opening of the second funding round of the Construction Ideas Fund which now has five funding windows.  Innovative ideas for projects which meet the fund’s core objective of increasing employment and incomes in the construction and real estate sector are now welcome.
Deadline for receipt of concept notes for this round is on Monday 21, January 2013.

What is the Construction Ideas Fund?

The Construction Ideas Fund (“the Fund”) is a funding mechanism which shares the financial risk of innovative projects within the Construction and Real Estate Sector in Nigeria.

If your company has an idea that not only improves your business, but can also be shown to have a lasting positive impact on the sector – particularly in terms of increased income and employment opportunities for low-income groups – we want to hear from you.

Application to the fund can be made through its five funding windows which focus on:

• empowering more women economically;
• encouraging relevant training and skills acquisition
• establishing sustainable channels of recruitment
• improving the services offered by Business Membership Organisations (BMOs) and Trade Associations; and
• improving the quality of input supplies and construction materials

Grant amounts available range from £25,000 to £250,000.

Eligibility Criteria

Your company must be a for- profit organisation and have operations in either the FCT, Lagos, Kaduna or Kano State to be eligible to apply. Other types of organisations, partnering with a for- profit company as lead, can also apply. Detailed eligibility information can be found by following the related link on this page.

How to apply

Applying to the Construction Ideas Fund is a 2-stage process.

Stage 1:  Send in a Concept Note of 3 pages to outline the project and demonstrate eligibility.
Stage 2: Applicants with eligible Concept Notes will be invited to develop a full Application proposal setting out the detailed business case for the proposed project.
All Applications will be appraised by an independent assessment Panel whose decision on grant funding is final.

What to do next?

Download Concept Note application form relevant to the funding window of interest ( can be found under Relevant Documents) , fill and send to  ideasfund@coffey.com or  ideasfund@coffeynigeria.com .  All Concept Note applications should be submitted on or before 21st of January 2013.