Digital Invest 2024 Call for Concept Notes

Active
No
Status
Posted
Published Date
January 9th, 2024
Close Date
April 15th, 2024
Award Ceiling
$500,000.00
Award Floor
$150,000.00
Opportunity No.
7200AA23APS00007-ADDENDUM

Agency

Agency for International Development (USAID)

Eligible Applicants

Unrestricted

Funding Category

Business and Commerce

Funding Instrument

Grant

Opportunity Category

Discretionary

Cost Sharing or Matching Requirement

Yes

Summary

The Agency for International Development (USAID) has posted a grant opportunity titled "Digital Invest 2024 Call for Concept Notes" in the category of Business and Commerce. This grant aims to advance internet connectivity and digital financial services in emerging markets through private sector partnerships. The grant requires cost sharing or matching and is open to unrestricted applicants, specifically private sector entities. The grant provides up to $500,000 USD in grant capital to launch new or expanded financing facilities and wholesale infrastructure projects supporting underserved consumers. The deadline for concept submissions is April 15, 2024. For more information and instructions, please refer to the attached documents or contact the USAID Digital Invest team at digitalinvest@usaid.gov.

Description

USAID’s Digital Invest program is recruiting a new round of private sector partners to expand and strengthen internet connectivity and digital financial services in emerging markets. High potential partners will leverage a relationship with USAID and up to $500,000 USD in grant capital to launch new or expanded financing facilities and wholesale infrastructure projects supporting underserved consumers.Digital Invest is a U.S. Government funded program led by a team of technical experts at USAID who provide catalytic capital and highly customized support to the private sector. Its purpose is to select and support investment fund managers, project developers, and other private sector partners to accelerate new investments that advance internet connectivity and digital financial services in emerging markets.This current call for concepts is open until April 15, 2024, and eligible parties are encouraged to reach out as early as possible. Full instructions can be found in the attached documents.

Contact Information

Attachments
260 KB

Opportunity Lifecycle

Title
Type
Grant

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