Deadline: 8 February 2024
The United States African Development Foundation (USADF), in collaboration with the Ministry of Small and Medium Enterprises and Employment Promotion (MPMEPE) of the Government of Benin, invite producer cooperative societies, processors, and small and medium-sized Beninese businesses to submit requests for funding and support for the development of their local businesses promoting innovative solutions that increase their capacities to increase income, create jobs, improve income and achieve sustainable market-based growth.
Funding Information
- The maximum amount awarded to start-ups in the processing sectors is the equivalent of US$50,000.
- Grant values can range from $50,000 to a maximum of US$250,000 (grant amounts are based on the level of impact on income growth, job creation, recipient incomes and sustainability growth).
Eligibility Criteria
- Only proposals from cooperative societies and registered companies of producers, processors investing directly in the value chains of corn, cassava, rice, cashew, shea, pineapple, soy, palm oil, beekeeping, market gardening, digital solutions and renewable energy will be considered.
- Businesses must provide a clear business plan, financial statements and proof of registration. They should also provide evidence of their ability to contribute a minimum of 30% of the total project cost.
For more information, visit USADF.