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Selection Procedure
 Evaluation process
(i) The Fund’s support is designated on the basis of evaluation of proposals that have been properly recieved. Potential users of funds need to justify their interest and the need for support. The evaluation procedure should operate in accordance with the Fund’s Principles and it has to be confidential.
(ii)The evaluation of proposals is carried out in line with the defined procedure which follows the tasks of receiving of proposals, evaluation, selection and approving of proposals by Steering Committee and Approval Committee.
(iii) Basic procedure for the evaluation of proposals (cf. Figure 2):
1. Receiving of proposal (Secretariat)
2. Eligibility check - reviewing formal compliance with call prepositions (Secretariat and Steering Committee, duration: 7 days)
3. Individual evaluation of proposals by independent evaluators (Secretariat, duration: 21 days)
4. Consensus discussion of evaluators and issuing recommendations (Secretariat: 7 days)
3. Reviewing evaluations and recommending proposals for financing (Steering Committee, duration: 14 days)
4. Additional negotiations about selected proposals (Secretariat and Steering Committee, duration: 14 days)
5. Final approval of application (Approval Committee, duration: 14 days)
(vii) The entire period for the completion of the evaluation process from the closing of the call to the approval of proposals can last for three months at the most.
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