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EUROPE AND EURASIA | Regional Competitiveness Initiative (RCI)

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RCI | COFUNDING


In every sector of activity (IT, agribusiness, etc.), RCI activities are implemented in partnership with regional stakeholders from sector related donor organizations, business associations, firms and individuals that provide a significant part of the financing of the activities and further support them after the initial pilot projects.

RCI: Leveraging other donors funds for greater impact


The participation of other stakeholders not only leverages the RCI funds spent on the program but also ensures the following:

  1. Cost-sharing create stronger commitment from private sector participants, other donors

  2. Long term sustainability of initiative after RCI support has ended

  3. Each donor gets more done for less investment

  4. Similarly, the private sector gets high value for small investment

  5. The funding is streamlined so that all involved are following a country or regional strategy or need and more can be done

  6. No repetitive or overlapping activities by any of the stakeholders (which is really appreciated by the local public and private stakeholders)

  7. Because the activities do not overlap, this actually allows technical assistance to build on successes and do more

  8. With so many challenges to address in the region with donor coordinated co-funding, more issues can be tackled on both the public and private sides.

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