The Philippines USAID-Manila is offering a funding opportunity through the Business Excellence for Sustainability and Transparency (BEST) Phase II Activity, aimed at enhancing the capacity of small and medium-sized enterprises (SMEs) in Mongolia. This initiative focuses on improving energy efficiency, corporate governance, and institutional support for SMEs, while also addressing economic vulnerabilities and promoting sustainable practices within the sector. The program is particularly significant as it seeks to diversify Mongolia's economy beyond mining and combat governance issues such as corruption, with an estimated total funding of $10 million available over five years. Interested applicants can reach out to Howard Weston at hweston@usaid.gov, and the application deadline is set for February 12, 2025.