Grant Opportunities for Cooperative Societies
Naija CooperativeNews…USADF Call for Proposals
…Grant Amount is up to USD250,000:00
…Grant Application Deadline is on the 31st of July 2023
The U.S. African Development Foundation (USADF) invites proposals from cooperatives,
producer groups, and enterprises for grant financing and local support for innovative solutions that
extend their capabilities to increase revenues, create jobs, improve farmer incomes, and
achieve sustainable market-based growth.
Proposals will only be accepted from registered agricultural cooperatives, producer groups, and agricultural processors that work directly in the rice, cassava, and aquaculture value chains. The entities must be located in the Federal Capital Territory, Nasarawa, Kano, and Kaduna States of Nigeria. Innovative approaches to agricultural and economic development will also be considered. This includes, but is not limited to digitization, information technology, and agricultural solutions using renewable energy.
Maximum Grant awards are up to US $250,000:00.
ELIGIBILITY FOR THE GRANTS;
• The organization must demonstrate that it has successfully worked together for a
minimum of 2 years, have a minimum of 200 active members or suppliers, and can effectively use grant funds.
• The ownership and management must be in agreement on the problem to be
addressed and commit to benefiting their community.
• The organization must have basic functional management and financial controls for
a minimum of 2 years to demonstrate the capability to account for USADF funds.
• Organizations must be 100% African-owned and led.
SUCCESSFUL PROPOSALS MUST MEET THE FOLLOWING CRITERIA;
• Have a clearly defined market opportunity to grow revenues that can increase incomes.
• Have a clearly defined plan of how they can increase revenues and incomes in 2- 4 years.
• Be able to make significant cash or in-kind contributions to the project.
• Be able to directly impact hundreds of people and community members.
• Be able to identify a path for growth after the USADF grant ends.
• Special consideration will be given to applications that incorporate innovative strategies to make use of new approaches and technologies, including complementary finance and information technology.
• Special consideration will also be given to women-owned organizations and applications that promote youth.
For details go to: www.usadf.gov/apply/
Submit your application form, financial statements for the last 2 years, and a copy of the registration document to: nigeria@usadf.gov by July 31, 2023.
ABOUT THE U.S. African Development Foundation (USADF)
Purpose:
To foster hope, growth, and goodwill in Africa
Vision:
To empower those who are least served by existing markets or assistance programs to become a part of Africa’s growth story
Mission:
To support African-led development that grows community enterprises by providing seed capital and technical support
What Does the U.S. African Development Foundation Do?
The U.S. African Development Foundation (USADF) is an independent U.S. Government agency established by Congress to invest in African grassroots organizations, entrepreneurs and small and medium-sized enterprises. USADF’s investments promote local economic development by increasing incomes, revenues and jobs and creating pathways to prosperity for marginalized populations and underserved communities.
Who Does USADF Reach?
Over the last five years throughout Africa, with an emphasis on the Horn, Sahel, and Great Lakes regions, USADF has invested more than $117 million dollars directly into over 1,000 African-owned and African-led SMEs, entrepreneurs, and community organizations and impacted over 7 million lives.
Recipients of USADF financial and technical assistance include:
- Smallholder farmers
- Youth
- Women and girls
- Nomadic and pastoralist populations
- Ethnic and religious minorities
- Persons living with disabilities
Where Does USADF Work?
USADF focuses on fragile states and frontier markets, with an emphasis on the Sahel, the Horn, and the Great Lakes regions of Africa. We currently operate in 21 African countries but have made investments in more than 40 African countries.
At the core of USADF’s programming is our direct connection to African ingenuity and solutions. African Country Program Coordinators lead our country teams and our 100% African network of local partners provide project management support to our grantees.
How Does USADF Work?
Utilizing a community-led development approach, USADF provides seed capital and local project management assistance to address some of Africa’s biggest challenges around food insecurity, insufficient energy access, and unemployment, particularly among women and youth.
USADF provides grants of up to $250,000 directly to underserved African enterprises and social entrepreneurs that are creating and sustaining jobs, improving income levels, and achieving greater food security, energy access, and employment opportunities for their communities. USADF-supported projects create pathways to prosperity for underserved communities in Africa.
