Project Grant AIDOAAF1700039

The Impact Development Fund received a $1.8 million Project Grant award from the Department of the Treasury's Community Development Financial Institutions Rapid Response Program on June 15, 2021. The grant funding will support Impact Development Fund's efforts to prepare for and respond to the economic impacts of the coronavirus pandemic through the program completion date of December 31, 2023. As the name implies, the Community Development Financial Institutions Rapid Response Program aims to...

This $1,000,000 Project Grant award, provided by the U.S. International Development Finance Corporation (DFC) under the Technical Assistance and Feasibility Studies program (CFDA 87.101), supports the structuring and launch of three country-level catalytic investment vehicles to expand access to finance for small and medium enterprises (SMEs) in Nigeria. The award, made on July 8, 2024, with a completion date of September 26, 2025, will be implemented by the Global Steering Group for Impact...

The Economic Development Administration awarded a $2.17 million Project Grant to Vilcap, Inc. to develop lasting investment infrastructure for technology startups led by founders of color in the Southeast region of the United States. Under the Resource Invests initiative funded through the agency's BUILD TO SCALE program (CFDA #11.024), Vilcap will work with the Black Innovation Alliance from November 2022 to April 2024 to launch infrastructure and a replicable model to improve...

The International Development Finance Corporation awarded a $10 million Project Grant to One Acre Fund through September 2022 to September 2030. The grant supports technical services to beneficiaries including gender, climate advisory, and insurance in Great Britain under the Foreign Investment Financing federal grant program (CFDA 70.002). The Foreign Investment Financing program aims to provide financing for private sector development projects in developing countries and emerging markets,...

This Cooperative Agreement award of $998,444 from the U.S. Agency for International Development will fund efforts to reduce post-harvest loss and raise income for farmers in Nepal through May 2024. The award is part of USAID's Foreign Assistance for Programs Overseas program (CFDA 98.001), which supports global development objectives. The recipient, International Development Enterprises, will work with sub-awardees Social Development Forum and Rural Women's Development Centre to implement a...

The Community Development Financial Institutions Fund within the Department of the Treasury awarded a $1.8 million Project Grant to Community Ventures Corporation, Inc. through the Community Development Financial Institutions Rapid Response Program. The grant period runs from June 15, 2021 through December 31, 2023. The purpose of the funding is to support Community Ventures' ability to respond to the economic impacts of the coronavirus pandemic through the CDFI Rapid Response Program. As a...

The U.S. Agency for International Development (USAID) awarded a $500,000 Project Grant under the USAID Foreign Assistance for Programs Overseas (CFDA 98.001) program to Pangea Ventures Inc., a self-certified small disadvantaged business, on February 9, 2024. The grant funds the Catalyzing Investment for Small Businesses (CISB) activity in Sierra Leone, which aims to provide affordable access to finance and business advisory services to qualified small and medium enterprises (SMEs) in order to...

The Venture Jobs Foundation, Inc. was awarded a $200,000 Project Grant from the Department of the Treasury's Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA 21.024) to support, prepare for, and respond to the economic impact of the coronavirus. The CDFI RRP aims to bolster the ability of Community Development Financial Institutions to address economic challenges in low-income communities during times of crisis. Under this award made on June 15, 2021 and...

The International Development Finance Corporation (IDFC) awarded a $560,000 Project Grant to Locfund Next L.P. from September 27, 2022 to September 27, 2030 under the Foreign Investment Financing (70.002) federal grant program. The grant funding will support a technical assistance facility operated by Locfund Next L.P. to build the capacity of microfinance institutions in its investment portfolio. Specifically, the technical assistance facility will provide services and expertise to strengthen...

Root Capital AC will receive $10 million from the International Development Finance Corporation under the Foreign Investment Financing federal grant program (CFDA 70.002) to provide advisory services to Root Capital borrowers in Mexico from September 2022 through September 2030. The advisory services aim to better position small and medium agribusinesses for financing to support development goals such as improving competitiveness and increasing U.S. exports, consistent with the program's...