USAID is offering this grant, known as PARTNERING TO ACCELERATE ENTREPRENEURSHIP (PACE) 3.0, to foster innovative collaborations aimed at addressing critical development challenges in the developing world. This grant is for private businesses, financial institutions, foundations, entrepreneurs, and other private-sector organizations to identify and implement solutions that align with their interests and development objectives. It also encourages non-governmental organizations and universities to engage with the private sector to develop impactful ideas. The primary purpose is to create alliances that leverage collective strengths to achieve significant development results and impacts. Preference will be given to partnerships demonstrating a long-term commitment to targeted regions and a clear business interest in the proposed concepts, ensuring sustainable and mutually beneficial outcomes for global development.
Opportunity ID: 293461
General Information
| Document Type: | Grants Notice |
| Funding Opportunity Number: | APS-OAA-16-000001-ADDENDUM-PACE |
| Funding Opportunity Title: | PARTNERING TO ACCELERATE ENTREPRENEURSHIP (PACE) 3.0 |
| Opportunity Category: | Discretionary |
| Opportunity Category Explanation: | – |
| Funding Instrument Type: | Other |
| Category of Funding Activity: | Other (see text field entitled “Explanation of Other Category of Funding Activity” for clarification) |
| Category Explanation: | Through this Addendum to the FY2016-2018 Global Development Alliance (GDA) Annual Program Statement (APS) No. APS-OAA- 16-000001 (the GDA APS), the USAID Global Development Lab and Power Africa is making a special call for the submission of Concept Papers focused on fostering entrepreneurship and catalyzing private investment into early stage enterprises operating in developing countries. |
| Expected Number of Awards: | – |
| Assistance Listings: | 98.001 — USAID Foreign Assistance for Programs Overseas |
| Cost Sharing or Matching Requirement: | No |
| Version: | Synopsis 1 |
| Posted Date: | Apr 26, 2017 |
| Last Updated Date: | – |
| Original Closing Date for Applications: | Jul 31, 2017 |
| Current Closing Date for Applications: | Jul 31, 2017 |
| Archive Date: | Aug 30, 2017 |
| Estimated Total Program Funding: | – |
| Award Ceiling: | $2,000,000 |
| Award Floor: | $1,000,000 |
Eligibility
| Eligible Applicants: | Others (see text field entitled “Additional Information on Eligibility” for clarification) |
| Additional Information on Eligibility: | The following list of potential applicants is not exhaustive and is provided for illustrative purposes only. USAID welcomes applications from many types of organizations including U.S. and non-U.S. private businesses, business and trade associations, foundations, U.S. and non-U.S. Non-Governmental Organizations (NGOs), faith-based organizations, international organizations, U.S. and non-U.S. colleges and universities, civic groups, regional organizations, etc. All applicants must be legally recognized organizational entities under applicable law. An individual cannot apply as an applicant. In addition, for the following groups the criteria below also apply:U.S. and Non-U.S. Non-Profit Organizations: Qualified U.S. and non-U.S. private non-profit organizations may apply for USAID funding under this APS.U.S. and Non-U.S. For-Profit Organizations: In accordance with 22 CFR 200.400 potential for-profit applicants should note that USAID policy prohibits the payment of fee/profit to the prime recipient under assistance instruments, and as 22 CFR 200.101 states that, unless specifically excluded, all requirements applying to recipients also apply to sub-recipients if they meet the definition of “recipients”; therefore, fee/profit under assistance type awards is also prohibited for sub-recipients. Forgone profit does not qualify as cost-sharing or leveraging. If a prime recipient has a (sub)-contract with a for-profit organization for the acquisition of goods or services (i.e., if a buyer-seller relationship is created), fee/profit for the (sub)-contractor is authorized. A for-profit local organization may still want to apply for grant funding under this APS even though it is foregoing profit on the alliance activities. As determined by the needs of the alliance and development objectives, grant funds may be used to build the capacity of the local organization, whether it is for-profit or non-profit. U.S. and Non-U.S. Colleges and Universities: Qualified U.S. and non-U.S. colleges and universities may apply for funding under this APS. USG and USAID regulations generally treat colleges and universities as NGOs, rather than governmental organizations. Hence, both public and private colleges and universities are eligible. Non-U.S. colleges and universities in countries that are ineligible for assistance under the FAA or related appropriations acts are ineligible. |
Additional Information
| Agency Name: | Agency for International Development |
| Description: | The APS invites private businesses, financial institutions, chambers of commerce, industry associations, private grant-making foundations, entrepreneurs, investors, philanthropists, and other private-sector organizations to identify and suggest ways we can work together to address key challenges in the developing world in a manner that advances our respective interests and objectives. In addition, the APS invites and encourages other types of organizations, including but not limited to prospective implementing partners, to engage and work with private sector partners to identify critical development problems and develop initial ideas about how we might work together to solve those problems. USAID encourages such organizations to reach out to the private sector (as defined in this APS) and explore ways in which collaboration with USAID might help all partners – businesses, NGOs, universities, governments, donors – to more effectively solve key problems, advance our respective interests, and achieve far greater development results and impacts. Preference will be given to alliances that include private sector partners who demonstrate long term commitment to the targeted region and a recognized business interest in the proposed concept. |
| Link to Additional Information: | – |
| Grantor Contact Information: | If you have difficulty accessing the full announcement electronically, please contact:
Robert Schneider
Division Chief, Global Partnerships Email:pace@usaid.gov |
Version History
| Version | Modification Description | Updated Date |
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Related Documents
Folder 293461 Full Announcement-PACE Addendum -> FINAL PACE 3.0 Addendum.pdf
Packages
There are no packages on this grant.
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