The U.S. African Development Foundation Business Grant – Get up to US $250,000

0
2336

The U.S. African Development Foundation invites proposals for grant financing and local support, from African enterprises, cooperatives, and producer groups with innovative solutions that extend their own capabilities to increase revenues, create jobs, improve farmer incomes, and achieve sustainable market-based growth.

Maximum award US $250,000

Proposals will only be accepted from registered agricultural cooperatives, small-scale producer groups, and agricultural processors working directly in the sectors and countries listed below.

AM I ELIGIBLE FOR A GRANT?

USADF will only consider proposals from 100% African-owned enterprises, associations or cooperatives operating in the specified country sectors. Applicants must be legally registered in their country, with a with a proven ability to track, manage, and use internal and external resources to achieve growth.

The majority of USADF’s funding agreements range between $100,000 and $250,000.  USADF does not provide funding to government agencies, political parties, or organizations that are not based in Africa
.

NOTE:  APPLYING FOR AN USADF GRANT IS FREE, THERE IS NO FEE ASSOCIATED WITH A GRANT APPLICATION. 
(Une demande de subvention USADF EST GRATUIT. Il n’y a aucun frais associé à une application d’USADF.)


SELECTION GUIDELINES AND INSTRUCTIONS

Successful Proposals Must

  • Have a clearly defined market opportunity to grow revenues that can increase farmer incomes.
  • Have a clearly defined plan of how they can increase revenues and farmer incomes in 2- 4 years.
  • Be able to make significant cash or in-kind contributions toward making the project successful.
  • Be able to impact hundreds of farmers.
  • Be able to identify additional financing options available after the USADF grant ends.

Organization Requirements

  1. The organization must be 100% African-owned and managed by country nationals.
  2. The organization must be a legally registered African entity (or in the process of becoming legally registered. Registration must be completed before any funding may be provided).
  3. The organization must demonstrate that it has successfully worked together and has the capability to effectively use grants funds..
  4. The ownership and management must be in agreement on the problem to be addressed and have a commitment to benefit their community.
  5. The organization must have basic functional management and controls to account for USADF funds.

Supporting Documents

  1. Completed Application Form. – Required
  2. Copy of a valid organization or enterprise registration form. – Required
  3. Most Recent Business Plan. – Preferred but Optional
  4. Two Years of Financial Statements  – Preferred but Optional

Grant Application Instructions

Send a copy of the completed application form and a copy of the registration document to the address listed below for your country. Be sure to include a copy of your recent business plan and financial statements if you have them.  Note: USADF is only accepting applications from cooperatives, associations, or enterprises directly involved in the sectors listed for each country in the table below. USADF is not accepting appliactions from NGOs.  Application materials submitted after January 29, 2018 will not be considered.

(For assistance with estimating revenues and income for application question number 5 in section C,  click on the following link.)

(For assistance with estimating your contribution level for application question number 2 in section D,  click on the following link.)

Grant Application Selection, Award and Implementation Process

USADF will review all applications and will contact those organizations that best fit country strategies and objectives. A site visit will be conducted and finalists will be referred to USADF Washington for a final assessment and selection. Once an application is selected by USADF Washington, a local USADF Technical Partner will be assigned to the organization to help complete additional Grant Design and Budget steps.  After the design steps are completed USADF will enter into a formal agreement to award grant funds to the organization.  The USADF Technical Partner will continue to assist the organization during the grant implementation period. Grant funds are disbursed to the organization over the grant period as the organization achieves the plans, activities, and outcomes of the grant design. Grant organizations report to USADF on a quarterly basis.

How to apply

If you are interested in applying for this opportunity, kindly visit http://www.usadf.gov/apply/ to apply

GRANT PROPOSAL PERIOD OPENS NOVEMBER 15, 2017
AND  CLOSES JANUARY 29, 2018

Want to Write Business Plan and Also Get Grant Alerts?
Free tips that would help you write an investor-grade business plan and free grant alerts
  • Enter your email to receive alerts on latest funding opportunities.
  • Materials on how to preparing a bankable business plan and also the financial analysis.
  • Free training/support on business plans/proposals writing

Leave a Reply