OpportunityTitle: APS-OAA-21-00001 Addendum DDI/ITR DCCP
CategoryExplanation: USAID will work with potential private sector partners to explore and determine the most high-impact, catalytic, and market-driven use of grant funding in a blended finance approach to mobilize private capital for internet connectivity and digital financial services in emerging markets.
AdditionalInformationOnEligibility: Eligible organizations interested in submitting a Concept Paper are required to carefully read this APS addendum.
Description: The USAID Innovation, Technology, and Research (ITR) Hub within the Bureau for Development, Democracy, and Innovation (DDI) works to improve the lives of millions of low-income and vulnerable people throughout the world by supporting the development of open, interoperable, reliable, inclusive, and secure digital ecosystems and the adoption of digital tools and data-driven approaches to improve development outcomes. In 2022, Digital Invest will support the launch or expansion of four new or existing financing facilities to achieve sustainable market growth for competitive ISPs and financial technology companies serving traditionally excluded populations in emerging markets. Digital Invest is one of the diverse tools and capabilities that the U.S. Government seeks to deploy in its Build Back Better World Initiative that will promote a secure and resilient digital ecosystem. Through Digital Invest, U.S. Government funding will be used to crowd in commercial and institutional capital for digital connectivity and finance projects, structured in a manner appropriate for each facility and the company(ies) it seeks to support.
GrantorContactEmailDescription: Molly Dean
GrantorContactText: Molly Dean