This is a $15,691,347 Cost Plus Fixed Fee contract awarded by USAID to Financial Markets International, Inc. (FMI), a for-profit subchapter S corporation, to implement the Diaspora Invest 2 Activity in Bosnia and Herzegovina. The purpose of this activity is to catalyze the economic and social potential of BiH's diaspora with the goal of improving socioeconomic conditions. Key aspects include strengthening local governments' diaspora engagement for economic development, expanding direct investment to early-stage SMEs linked to diaspora, stimulating business and social change through diaspora best practices and knowledge transfer, and increasing access to financial instruments enabling private capital flows to SMEs and startups. The contract has no set-aside designation. FMI has served as a prime contractor on several significant international development projects for USAID, the International Development Finance Corporation, and the Millennium Challenge Corporation.
Generated 9/27/24, 9:39 AM