TA to support relocation of ukrainian businesses to georgia
Active Project Grant Awarded
- Award ID
- 9000115830
- Recipient
-
Gazelle Fund LP UEI PGF2NLNDBN91
- Awarding agency
- International Development Finance Corporation
- Obligated
- $3,000,000
Award facts
- Assistance listing
- 70.002 Foreign Investment Financing
- Completion date 88% complete
- Place of performance
- Ukraine
Award details come from USAspending.gov.
About this award
The International Development Finance Corporation (IDFC) awarded a $3 million Project Grant to Gazelle Fund LP on June 21, 2022 to support relocation services for Ukrainian businesses moving operations to Georgia. The grant funding will support technical assistance for Ukrainian companies under the Foreign Investment Financing program (CFDA 70.002) through May 2027.
The Foreign Investment Financing program aims to promote private sector development in emerging markets by providing financing for projects sponsored by U.S. businesses. For this award, the grant recipient will use the funds to directly deliver relocation services and technical assistance to Ukrainian businesses seeking to establish or expand their operations in Georgia during the ongoing conflict. This will help Ukrainian companies continue business operations while also advancing the program's goal of facilitating foreign direct investment.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Amendment | $1,500,000 | |
| Original award | $1,500,000 |
Quick answers
Who received award 9000115830?
9000115830 was awarded to Gazelle Fund LP by International Development Finance Corporation on June 21, 2022.
How much is award 9000115830 worth?
$3,000,000 has been obligated on 9000115830.
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