Deadline: 10 May 2019
The United States Agency for International Development (USAID) is seeking applications for a cooperative agreement from qualified non-profit non-governmental organizations (NGOs) to implement the Lebanon Investment Initiative program.
The purpose of the Cooperative Agreement is to establish and capitalize the IME. Once the purpose of the Cooperative Agreement is completed, the function of LII will be to provide matching equity capital, partial investment insurance, and technical assistance to meet the needs of a range of Qualified Businesses who have limited access to equity financing and technical support. In order to develop and implement the initiative quickly and effectively, applicants should have a clear idea of how they will meet LII goals and objectives, cement valuable partnerships, and take advantage of opportunities in investment markets in Lebanon. LII will not be restricted by economic sector or by firm-specific requirements, although an effective, strategic, and scalable approach should evolve early during implementation that focuses on specific sectors/industries in order to better position them to become regional or even global hubs that continue to attract investment.
- USAID intends to award one Cooperative Agreement pursuant to this notice of funding opportunity. Subject to funding availability and at the discretion of the Agency, USAID intends to provide up to $38,000,000 in total USAID funding over a five-year period.
- The anticipated period of performance is five years. The estimated start date will be o/a August 1, 2019.
- Only local entities as defined below are eligible for an award. USAID defines a “local entity” as an individual, a corporation, a nonprofit organization, or another body of persons that:
- Is legally organized under the laws of; and
- Has as its principal place of business or operations in; and
- Is majority owned by individuals who are citizens or lawful permanent residents of; and
- Is managed by a governing body the majority of who are citizens or lawful permanent residents of the country receiving assistance.
- For purposes of this section, ‘majority-owned’ and ‘managed by’ include, without limitation, beneficiary interests and the power, either directly or indirectly, whether exercised or exercisable, to control the election, appointment, or tenure of the organization’s managers or a majority of the organization’s governing body by any means.
- USAID welcomes applications from organizations that have not previously received financial assistance from USAID.
- Applicants must have established financial management, monitoring and evaluation processes, internal control systems, and policies and procedures that comply with established U.S. Government standards, laws, and regulations. The successful applicant(s) will be subject to a responsibility determination assessment by the Agreement Officer (AO).
- The Recipient must be a responsible entity. The AO may determine a pre-award survey is required to conduct an examination that will determine whether the prospective Recipient has the necessary organization, experience, accounting and operational controls, and technical skills – or ability to obtain them – in order to achieve the objectives of the program and comply with the terms and conditions of the award.
How to Apply
Applications must be submitted via email at the address given on the website.
For more information, please visit https://www.grants.gov/web/grants/view-opportunity.html?oppId=313953