The FONDS SUEZ ENVIRONNEMENT INITIATIVES is an endowment fund with an annual budget of 4 million euros for 2011 and 2012, provided by SUEZ ENVIRONNEMENT, Lyonnaise des Eaux, Degrémont and SITA France.
The Fonds provides direct or indirect financial support and/or technical skills, based on the know-how existing within the Group and various partners, including international solidarity organizations and institutions from all countries.
THE FOND’S RESOURCES
The FONDS SUEZ ENVIRONNEMENT INITIATIVES is an endowment fund with an annual budget of 4 million euros for 2011 and 2012, provided by SUEZ ENVIRONNEMENT, Lyonnaise des Eaux, Degrémont and SITA France.
The Fonds provides direct or indirect financial support and/or technical skills, based on the know-how existing within the Group and various partners, including international solidarity organizations and institutions from all countries.
The Fund sometimes initiates projects and events itself, with other qualified actors. The “SUEZ ENVIRONNEMENT- ParisTech “Water For All” Chair” and the SUEZ ENVIRONNEMENT Initiatives – Institut de France Award are examples of this.
The FONDS SUEZ ENVIRONNEMENT INITIATIVES provides rigorous monitoring of the projects it supports: regular meetings with partners, transfers of funds subject to project progress, etc.
Driven by the need for sustainable results, the Fund’s operating model favours co-constructing projects with the partners and beneficiaries.
HOW ARE APPLICATIONS BEING TREATED?
Applications can be received at any time during the year, but they are treated according to the following calendar:
- Projects received by 31/10 can be presented to the Board in April, depending on their assessment status (see below).
- Projects received by 30/04 can be presented to the Board in October, depending on their assessment status (see below).
How a project progresses within the FONDS SUEZ ENVIRONNEMENT INITIATIVES :
- Applications are received into the Fonds Initiatives’s mailbox: This email address is being protected from spambots. You need JavaScript enabled to view it.
- The Fonds Initiative team pre-selects applications in accordance with the selection criteria
- Applications are then passed on to internal Group evaluators for an opinion. These evaluators are chosen by the Fonds Initiative team, according to their individual’s area of specialisation
- The projects are selected by the April or the October Managing Board
- A partnership agreement is signed with the retained project leaders
- The selected projects are supported and monitored by the project referee and by the Fond’s team.