IFRC / Corrie Butler
The National Society Investment Alliance (NSIA) today announced the results of its first round of funding, with accelerator investments awarded to the Red Cross Societies of Lebanon and Ukraine, and bridge funding awards made to a further eight National Societies (Armenia, Colombia, Comoros, Malawi, Namibia, Uganda and Zambia). Together this represents a combined total of nearly 1.5 million CHF.
Announcing the results of the first funding round, Co-chairs of the NSIA Steering Committee, Dr. Jemilah Mahmood, Under-Secretary General for Partnerships at the International Federation of Red Cross and Red Crescent Societies (IFRC), and Balthasar Staehelin, Deputy Director-General of the International Committee of the Red Cross (ICRC), said:
We are delighted to announce this first round of NSIA funding, the culmination of a process that has involved collaboration and cooperation from across the Movement, and demonstrates the demand and potential for investment in National Society capacity.
To respond to the varied needs of National Societies, NSIA can award up to one million Swiss francs of accelerator funding to any one National Society over a five-year period. In addition, bridge grants of up to 50,000 Swiss francs over 12 months can help National Societies prepare the ground for future investment from NSIA or elsewhere.
To date, NSIA has been supported by generous contributions from the governments of Switzerland, The United States, and Canada.
First Round of NSIA Funding
The first call for proposals received 48 applications from National Societies across all regions, with a range of contextual challenges and organizational development needs. In response, the NSIA Office conducted an independent and objective process of consultation and review, working with colleagues from the IFRC and the ICRC at the national and regional level, as well as the National Societies themselves.
The Steering Committee agreed that the first 10 National Societies that will receive bridge funding are: Armenia, Colombia, Comoros, Lebanon, Malawi, Namibia, Nigeria, Uganda, Ukraine and Zambia. Lebanon and Ukraine will receive the accelerator funding in this first round.
The proposals from National Societies speak to a wide-range of needs, and are underlined by the desire to increase their sustainability, independence and ability to provide relevant services to vulnerable populations. Key themes across the applications include: efforts to increase financial sustainability, develop system and structures at the national and branch level, and improve governance and accountability.
Selected National Societies
The Lebanese Red Cross will use a substantial accelerator investment grant to strengthen its Project Monitoring Evaluation and Reporting (PMER), communications, and fundraising capacity with the aim of meeting more than 70% of its core services costs through local sources by 2023.
Similarly, the Ukrainian Red Cross Society will utilise an accelerator investment to develop its resource mobilization capacities, building on initial planning and analysis and helping the National Society respond to the ongoing crisis in the country.
The bridge grant will support the Armenian Red Cross Society to develop a resource mobilization plan, focusing on un-earmarked income generation that is urgently required to meet ARCS programmatic activity needs.
The Colombian Red Cross Society will receive bridge funding to help develop, test and implement new initiatives which will ensure regular income, strengthening the National Society in three crosscutting areas: communication and marketing, reporting and training.
There is a need for the Comoros Red Crescent to enhance staff core competencies with regard to governance and financial management. The bridge grant will therefore allow the development of an investment plan for the National Society to best use potential future investment.
NSIA bridge grant funding will enable the Malawi Red Cross Society to conduct a thorough and detailed assessment of potential national level income sources, subsequently developing an investment proposal to pursue the most promising.
It is expected that through the bridge grant implementation, the Namibia Red Cross will be able to resolve a number a of critical challenges by consolidating its financial statements and systems, increasing financial liquidity and developing a forward-looking strategy.
The Nigerian Red Cross Society will receive bridge funding to help explore the opportunities for developing commercial first aid services in the country, conducting a detailed analysis and developing a business plan for future investment.
The Uganda Red Cross Society will receive bridge funding to work with its operational network of 51 branches to consolidate and improve its first aid training, and explore the possibility to unlock this resource and generate national level income.
With several institutional changes needed within the Zambia Red Cross Society in order to achieve its development goals, a bridge grant will allow the ZRCS to undertake a midterm review of its existing strategic plan and developed and improved strategic and investment plan looking forward.