USAID/serbia aims to support the establishment of an investment vehicle (the fund) that will focus on financing innovative products and services in the media, information, and communications sectors…
Active Project Grant Awarded Last action
- Award ID
- 72016923GR00001
- Recipient
-
Media Development Investment Fund, Inc. UEI RBMFXGMQM4F5
- Awarding agency
-
US Mission in Serbia
Overseas Missions, US Agency for International Development
- Obligated
- $13,000,000
Award facts
- Assistance listing
- 98.001 USAID Foreign Assistance for Programs Overseas
- Completion date 61% complete
- Funding
-
- $5,000,000.00 Federal
- $8,000,000.00 Non-federal
- Place of performance
- Serbia
Award details come from USAspending.gov.
Description
USAID/serbia aims to support the establishment of an investment vehicle (the fund) that will focus on financing innovative products and services in the media, information, and communications sectors in the west balkans region. To do so, USAID will issue a grant to support a fund that will make investments in products and services that directly or indirectly increase citizens' ability to access information or increase critical thinking skills with a focus on, but not exclusively, to support: a) small and medium-sized enterprises; new and existing companies that provide media, information and communications services; b) industry stakeholders, including entrepreneurs, that develop supporting technological infrastructure and architecture, or increase innovation in the media, information and communications space for consumers and businesses; and c) personal and organizational ability to safely and securely utilize digital technologies and platforms.
Transactions
| Action | Federal | Non-federal | Date |
|---|---|---|---|
| Amendment | $1,000,000 | $0 | |
| Original award | $4,000,000 | $8,000,000 |
Quick answers
Who received award 72016923GR00001?
72016923GR00001 was awarded to Media Development Investment Fund, Inc. by US Mission in Serbia (Overseas Missions) on October 1, 2023.
How much is award 72016923GR00001 worth?
$13,000,000 has been obligated on 72016923GR00001: $5,000,000 in federal funding and $8,000,000 in non-federal funding.
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