USAID/Colombia: Working with the Private Sector towards Colombia’s Economic Recovery

Deadline: 30-Apr-21

Through this Addendum to the Global Development Alliance (GDA) Annual Program Statement (APS), the U.S. Agency for International Development’s Mission in Colombia (USAID/Colombia) is making a special call for the submission of Concept Papers focused on catalyzing private sector investment for Colombia’s economic recovery through inclusive and sustainable development.

USAID/Colombia seeks private sector partnerships to catalyze innovative market-based approaches that can drive Colombia’s economic recovery from COVID-19 via sustainable, environmentally-conscious, ethical, and inclusive responses and contributions.

USAID/Colombia believes the private sector is key to restarting Colombia’s economic engine, including the creation of long-term social, economic and environmental benefits that will result in a stronger and more prosperous country.

Objectives

The specific objectives of this Addendum are to:

Contribute to Colombia’s economic recovery from COVID-19 through socially responsible, inclusive, environmentally conscious, and ethical business investment.
Expand value chains to markets in targeted geographies.
Expand job opportunities and job skills training among priority populations in targeted geographies.

Funding Information

USAID/Colombia may allocate up to USD $5,000,000 to fund one or two GDAs with the private sector.
Funding for individual applications is anticipated to be in the range of USD $1,500,000 to $5,000,000 to be provided over a period of 4-5 years, depending on the approach of each individual application.

Eligibility Criteria

Eligible private sector entities are limited to:
- Private for-profit, commercial entities such as a business, corporation, small or medium enterprise or private firm;
- Private foundations affiliated with private for-profit, commercial entities;
- Private equity or private financial institutions, including banks, private investment firms, mutual funds, private equity funds and insurance companies;
- Private business or industry associations, including but not limited to chambers of commerce and related types of entities;
- Cooperatives.
Targeted geography:
- USAID/Colombia works in some of the Government of Colombia’s prioritized peace-building PDET (Programas de Desarrollo con Enfoque Territorial) municipalities and areas with a large presence of Venezuelan migrants.
- For this Addendum, targeted geographies will be discussed with potential Applicants prior to submitting Concept Papers. USAID/Colombia has a special interest in the Pacific region of the Nariño Department, the Bajo Cauca region of Antioquia, and the Catatumbo region.