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Request for Expressions of Interest Challenge Fund Service Provider (SP5)
April 1, 2021 - May 4, 2021

Sustainable Assets for Agriculture Markets, Business and Trade (SAAMBAT) is a project of the Royal Government of Cambodia (RGC). The total project cost is approximately USD 155.566 million, to be financed by an IFAD loan of USD 53.2 million, an IFAD Country Grant of USD 1.2 million, a European Investment Bank (EIB) loan EUR 65.5 million and is foreseen to receive additional up to EUR 15.772 million in the form of a grant from European Union, together with RGC counterpart funding of USD 11.30 million.
The project development objective of SAAMBAT is to “Increase productivity of rural youth, enterprises and the rural economy” which in turn contributes to the Goal of “Reduce Poverty and Enhance Food Security.” SAAMBAT is implemented through two Components: (1) Value Chain Infrastructure; and (2) Skills, Technology and Enterprise. These components are designed to deliver two key outcomes: (1) Poor rural people’s benefits from market participation increased; and (2) Poor rural people’s productive capacities increased.
Under, Sub-Component 2.2. Technology and Enterprise for Rural Value Chains, the Project Implementation Unit (PIU) of Ministry of Economy and Finance is seeking to hire a service provider namely “SP5” to implement Challenge Fund and Accelerator Program. The successful service provider shall be a firm whose team members have extensive experience in working, supporting startups, and activating innovation by running Incubator and Accelerator Program and work under the supervision of Techo Startup Center (TSC) who is the implementer of Sub-Component 2.2: Digital Technology and Enterprise for Rural Value Chains.
The main objective of the service provision is to run Challenge Fund to increase rural productivity by providing grants to support startups and innovation arms of corporates working in digital agriculture value chain on the development and testing of innovative digital applications for use to contribute to the rural economy.
The Ministry of Economy and Finance now invites Firms to indicate their interest in bidding on this contract. In response to this Expression of Interest (EOI), interested firms should provide information demonstrating that they have the required qualifications and relevant experience to perform the services to the meet the criteria as indicated in the ToR.
A Firm will be selected in accordance with the Quality and Cost-based Based Selection (QCBS) method set out in the IFAD Project Procurement Guidelines Version 2019 and in consistency with the RGC Standard Operating Procedures (SOP) On Procurement for all Externally Financed Projects/Programs in Cambodia updated version December 2019. As such, upon assessment of qualifications and experience of the applicants, only eligible and qualified firms will be invited to respond to a Request for Proposals.


The SP5 (Challenge Fund Service Provider) will handle the following assignments:

  • Consult Challenge Fund Guideline to align with SP5 intended operation and develop workplan and budget plan;
  • Develop digital contents and conduct outreach campaigns to call for applications;
  • Develop PR contents and engage with media to ensure promotion and awareness of key events;
  • Identify theme for each cohort and develop training curriculum for Pre-accelerator and Accelerator program;
  • Develop a set of criteria to select trainers and mentors;
  • Involve private sector, development partners, other relevant government officials and business associations to provide training and coaching support to startups/companies awardees in Pre-accelerator and Accelerator program;
  • Organize relevant activities of the program including application recruitment and selection, grant award, training workshops, pitching events and Demo Days;
  • Arrange field visits for startups to businesses in agriculture value chains, agribusinesses, or agri-tech companies;
  • Monitor the progress of Challenge Fund implementation by startups/companies and provide necessary follow-up support to them until the end of their projects;
  • Coordinate testing and roll-out of digital applications with SP3 (known as Digital Technology Outreach Service Provider);
  • Develop annual activity plan with budget to the PIU/IFAD for review and approval;
  • Develop monitoring and report system to track key indicators associated with the tasks and to measure outreach and number of users by gender and age as well as the impact of the technologies on agriculture value chains;
  • Submit quarterly progress report of the implementation to the PIU/IFAD;
  • Submit annual summary report at the end of each cohort to the PIU/IFAD, including but not limited to describing the methodology, key achievement, measurement against set KPIs, and the recommendation or lessons learned that lead to improvement for the next cohort;
  • Participate in supervision missions by IFAD and RGC;
  • Participate in meetings requested by the PIU and IFAD;
  • Submit final report of the implementation to the PIU/IFAD;
  • Open negotiation and flexible in accepting a request from funder


Service providers submitting proposals for this contract will be evaluated based on their ability to fulfil the following criteria:

  • Registered in Cambodia
  • Understand startup and agriculture value chain context and challenges to enable and support the growth of innovation and entrepreneurship in Cambodia
  • Had past experience of implementation of similar project on training and supporting entrepreneurs and startups
  • Had past experience in organizing events
  • Demonstrated experience working with projects funded by RGC and international development organizations.
  • Additionally, proposals will also be evaluated based on the qualifications of the core team members.


The Specific ToR
Further information or the TOR can be obtained during the office hours from 8:00am to 5:00pm and from Monday to Friday from the address given below.
Deadline & Address:
The deadline for receiving responses to this EOI is May 04th, 2021.  
Ministry of Economy and Finance, General Department of International Cooperation and Debt Management, Department of Multilateral Cooperation; C/o: Office of Multilateral Cooperation III (OMC III), 2rd Floor, Building A; Street 92, Khan Daun Penh, Phnom Penh, Cambodia. Attention to Mr. Keo Vibol, Chief, Office of Multilateral Cooperation III, SAAMBAT Chief of Procurement Officer; E-mail: vibol_keo@mef.gov.kh.

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