Digital Invest 2024 Call for Concept Notes

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.