CIPE is a non-profit, private sector organization that provides financial support in the form of grants to non-government business organizations such as chambers of commerce, employers’ federations, trade associations, and private enterprise-oriented research groups throughout the world.
Grants are made directly to non-U.S. business organizations on a private basis, without government intervention. In 1983, CIPE was designated by the U.S. Congress as the business representative in the bipartisan National Endowment for Democracy program.
CIPE operates with public funds and all projects are a matter of public record. CIPE does not fund commercial ventures, trade and investment promotions or partisan political activity.
PROGRAM OBJECTIVES of CIPE
Throughout the world, private enterprise and individual initiative are increasingly recognized as essential sources of economic growth and human progress. The Center for International Private Enterprise assists other countries, through their private sectors, to enhance democracy and private enterprise as a basis for prosperity and individual freedom.
Centre for International Private Enterprise overall purpose is to encourage the growth of private enterprise principles and organizations that contribute to democratic development. Democracy requires the development of institutions based on individual freedom, incentive, initiative, opportunity, responsibility and voluntary association.
Private enterprise systems both benefit from and provide support for these same views. By building business organizations committed to the values of private enterprise and democracy, CIPE plays a key role in encouraging and sustaining democratic transitions.
To carry out that purpose, Centre for International Private Enterprise has identified the following program objectives:
- To support the growing interest in market economics and private enterprise among government leaders and society in general.
- To promote business participation in democratic political and policy processes.
- To increase the base of business talent in the developing world.
- To encourage interest in privatizing state-owned firms and deregulating economic systems.
- To increase public understanding and appreciation of the role of the entrepreneur in economic growth.
- To build independent business organizations.
FREQUENTLY ASKED QUESTIONS
This section specifically refers to question on the Grants Application Process.
Question: Does CIPE have a limit on the size of projects it will fund?
Answer: Centre for International Private Enterprise has no maximum or minimum grant amounts; however, applicants should not propose projects which cannot reasonably be supported by their existing administrative structure or which can be sustained only with continued Centre for International Private Enterprise funding.
Projects should be designed in proportion to the applicant’s current level of program activity and staff and should not exceed 25-30 percent of the organization’s annual operating budget. The applicant should include a strategy for assuming the full cost of sustaining the project when Centre for International Private Enterprise funding is no longer available.
Question: Does CIPE expect the applicant to pay part of the project costs?
Answer: Yes. CIPE gives priority to proposals which include matching contributions from the applicant or other sources. Applicants are expected to explain fund-raising strategies and to identify other potential and/or committed sources of support for the proposed project.
Question: How long will CIPE continue to provide funding for a project?
Answer: Each request for additional support of an ongoing project will be reviewed on its own merit; a grant awarded for one year does not commit CIPE to support in future years. Applicants should take this into consideration when planning how long it will take them to assume full responsibility for supporting a project started under a CIPE grant.
Question: What kind of financial records will be expected if a CIPE grant is awarded?
Answer: Recipients of CIPE grants are required to keep detailed, accurate records and documentation of how CIPE grant monies are disbursed. It is recommended that each proposal budget include a line to cover any additional accounting or bookkeeping costs which may be necessary. CIPE may commission audits of individual grant projects by independent accounting firms.
Question: Are there any projects, activities or expenses that should not be included in a request to CIPE?
Answer: Yes. CIPE does not fund commercial operations, trade and investment promotions, revolving credit funds, the establishment of new organizations or partisan political activity. Also, the costs of fund-raising activities, entertainment expenses, alcoholic beverages, donations, fines and interest are not allowed under CIPE grants.
How to Apply