Digital Invest 2024 Call for Concept Notes

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Key Information

Due Date: April 15, 2024


Agency: Not Specified


Source: Federal


Funding Category:

Technology

Funding Amount: $500,000


Funding Type: Grant


Match Required: Yes


Contact Info: digitalinvest@usaid.gov
Digital Invest Team Mailbox

Overview

USAID's Digital Invest program is currently inviting potential partners from the private sector to apply for their 2024 grant. This initiative is specifically targeting the expansion and fortification of internet connectivity and digital financial services in emerging markets. The program is set to reward high potential partners by providing them access to a significant relationship with USAID and capital grants up to $500,000 USD. These grants will be utilized to launch new or expand existing financial facilities and infrastructural projects that primarily cater to underserved consumers.

Digital Invest stands as a U.S. Government funded initiative. It is spearheaded by a professional team of technical experts from USAID. They provide crucial support in the form of capital and custom services to the private sector. The key objective of Digital Invest is to recruit and bolster the capabilities of investment fund managers, project developers, and other private sector partners. This is aimed at accelerating new investments, thus contributing substantially to the growth and development of internet connectivity and digital financial services in upcoming markets.

The current call for concepts is open until April 15, 2024. Parties who are eligible and interested in participating are recommended to reach out at their earliest convenience. Detailed instructions and further information are provided in the attached documents. This fosters a comprehensive understanding of the application process and other associated aspects.

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Key Dates

Open Date: January 9, 2024


Application Due Date: April 15, 2024


Estimated Award Date: Not Specified

Additional Details

Eligible Activities

  • Workforce Development

Eligible Applicants

  • Unrestricted

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