George Washington University’s Center for International Business Education and Research (CIBER) will provide research expertise and also evaluate the initial phase of business proposals.
Proposals, to be submitted by February 3, 2012, will be implemented in the following participating countries including Angola, Benin, Cote D’Ivoire, DRC, Ethiopia, Ghana, Kenya, Liberia, Mali, Mozambique, Nigeria, Rwanda, Senegal, Sierra Leone, South Africa, Tanzania, Uganda and Zambia.
The number of grants awarded will be determined based on grant pool and program need, and is likely to be in the range of 15 to 30 businesses. The matching grant size is expected to be up to US $50,000, with an additional supplement of US $25,000-$50,000 in technical assistance.
Amyaz Moledina on 09 Jan 13(USAID) and Western Union have launched a second African Diaspora Marketplace (ADM II). ADM II encourages sustainable economic growth and employment by supporting U.S.-based African Diaspora and other entrepreneurs with demonstrated relevant connections to, or experience in, Africa with innovative and high-impact ideas for start-up and established businesses in Africa. The new Marketplace will incorporate key learning from the first African Diaspora Marketplace, by focusing grants toward priority, high-impact sectors in Africa, including agribusiness, renewable energy, and information and communication technology (ICT). To expand upon their previous success, Western Union and USAID will invite small business investment funds and technical assistance mentors to participate.