Korean Trust Fund: ICT for Development

INTRODUCTION
The Republic of Korea and the World Bank Group’s Global Info-Communications Technology (ICT) Department have launched a partnership to advance the ICT for Development (ICT4D) agenda, with the goal of using ICT for sector development, economic and social growth and poverty reduction in developing countries.
The partnership was sealed at World Bank headquarters in October 2007 by World Bank President, Robert Zoellick and Korean Deputy Prime Minister, Okyu Kwon during the Bank’s Annual Meetings.
The Republic of Korea has established a trust fund totaling USD15 million, which will be housed at and managed by the Information for Development Program (infoDev) to finance meaningful Bank projects on ICT4D.
USES OF THE FUND
The Korean Trust Fund (KTF) will finance projects chosen following a competitive selection process. The KTF Selection Committee, which will decide on successful projects proposals, will comprise representatives from infoDev, GICT and other World Bank units.
The KTF will support projects submitted along the following three themes: (i) Access to ICT Infrastructure and Services; (ii) Mainstreaming the use of ICTs in Key Sectors; and (iii) ICT-enabled Innovation and Entrepreneurship. These are cross-cutting strategic themes adopted by GICT and endorsed by the multi-donor community at infoDev.
The KTF will support activities which are additional or complementary to the work of the WBG and may be country-specific, regional, or global in nature. Analytical work, technical assistance and pilot or demonstrative projects are eligible for funding.
ELIGIBLE UNITS
Staff members of all WBG operational units will be eligible to submit applications to finance projects which show the development impact of ICTs in developing countries and which are relevant to the WBG operational agenda. The Trust Fund shall support both recipient-executed and Bank-executed activities.
1st round CALL FOR PROPOSALS - WINNING PROPOSALS (Closed)
How to submit a proposal
Submissions of proposals is closed to World Bank Group.
Submission of proposals for Round 1 is closed. A second round of call of funds will be announced shortly.
For more information please contact Catherine Burtonboy at cburtonboy@worldbank.org.
To download the Request for Proposal Full Text, click on the link below: