While contributing to the overarching goal of supporting the growth and formalization of informal firms, the objectives of this research grant scheme include:
- Expanding the knowledge base on the informal sector in Sierra Leone.
- Providing empirical data and insights to inform policies and promote formalization of informal firms.
- Strengthening research capacity in local academic and research institutions in Sierra Leone
Specifically, five research grants, each valued at the local currency equivalent of USD 4,000 will be awarded to institutions in Sierra Leone. Preference will generally be given to proposals aimed at empirical research. The research implementation period is 3 months from the date of grant agreement signing. The grant will be transferred upon the completion and submission of the research reports to the satisfaction of the project team.