Devolved Funds
HELB partners with County Governments and Constituencies to manage their bursary schemes and set up a revolving fund
This is how we can get it done:
- Signing of a service contract
- Working together on drafting necessary legislation
- Setting up joint technical working group to operationalize the fund
- funding the revolving fund
- Inviting applications
- Setting up selection criteria to be automated by HELB
- Disbursing the funds to the successful applicants
- Recovering the funds for other students to benefit
Benefits of the Partnership:
- Data sharing so no multiple funding of same student
- Transparent online application platform
- Automated selection criteria
- Superior recovery mechanisms to make the fund revolve for sustainability
- Joint resource mobilization efforts to boost the kitty
- Information sharing e.g. County Career Day activities.
