The Department of State and USAID have launched the COVID-19 Private
Sector Engagement & Partnership Fund with an additional $10 million in new
assistance funds. The Fund has been established to strengthen the efforts of
the private sector and bolster ongoing response efforts, helping the world’s
most vulnerable overcome the devastation inflicted by the COVID-19 pandemic.
The purpose of the Fund is to create a formal and transparent
process to surface the most innovative private sector solutions to
mitigating the secondary impacts of COVID-19 in developing countries, and to
seed-fund the most promising of these solutions within the context of State and
USAID global programming.
The Department is looking
for concept papers that will enable people around the world to
mitigate the detrimental economic effects of
COVID-19 on their societies. The Department encourages
creativity and innovation from the private sector.
Funding Information
The anticipated award
amount is $50,000 to $1,000,000, however, concept papers over this
amount will be considered.
Who qualifies to apply?
U.S. and overseas private and
commercial entities, U.S. and
overseas-based non-profit/non-governmental organizations (NGOs), and
institutions of higher education, are encouraged to apply.
Post Date - 07-Oct-2020