Request for Information for El Salvador Investment Challenge (ESIC)

The summary for the Request for Information for El Salvador Investment Challenge (ESIC) grant is detailed below. This summary states who is eligible for the grant, how much grant money will be awarded, current and past deadlines, Catalog of Federal Domestic Assistance (CFDA) numbers, and a sampling of similar government grants. Verify the accuracy of the data FederalGrants.com provides by visiting the webpage noted in the Link to Full Announcement section or by contacting the appropriate person listed as the Grant Announcement Contact. If any section is incomplete, please visit the website for the Millennium Challenge Corporation, which is the U.S. government agency offering this grant.
Request for Information for El Salvador Investment Challenge (ESIC): THIS IS A REQUEST FOR INFORMATION ONLY. The Millennium Challenge Corporation (MCC) is currently conducting market research to solicit ideas through the attached Expression of Interest and Project Profile form and locate qualified, experienced, and interested potential sources. This is NOT a solicitation or pre-solicitation and this notice does not guarantee that a solicitation will be posted in the future or as an obligation on the part of the MCC. At this time, no solicitation exists; therefore, please do not request a copy of the solicitation. BACKGROUND The Millennium Challenge Corporation ("MCC") is a U.S. government corporation whose mission is to reduce poverty through economic growth in countries that are committed to good governance, economic freedom, and investments in people. In December 2011 and December 2012, El Salvador was declared eligible by MCC's Board of Directors for a second Millennium Challenge Compact to reduce poverty through economic growth in El Salvador (the "Compact"). As part of the proposal for the Compact, the Government of El Salvador (the "Government") has launched the El Salvador Investment Challenge ("ESIC"). The purpose of the ESIC is to invest in public projects that catalyze private investments in tradeable goods and services thereby generating economic growth and poverty reduction. The first phase of the ESIC is a competitive call-for-ideas that would catalyze investments in El Salvador through public-private partnerships, whereby private entities identify public or quasi-public infrastructure and services that are necessary to support private investments aimed at increasing productivity and trade of goods and services in El Salvador. There is no maximum financing that may be sought under ESIC, but for references purposes, awards are expected to range from US$100,000 to $6 million and are only available to fund public or quasi-public infrastructure or services which directly support private investments. The private investment must exceed the amount of the grant (e.g., exceeds 1:1 private to public investment), and will be subject an Economic Rate of Return (ERR) analysis. OBJECTIVE The objective of this Request for Information (RFI) is to solicit Expressions of Interest from prospective investors for the ESIC public-private partnership program. There is no funding opportunity for this activity yet. The MCC will evaluate expressions of interest submitted prior to the RFI deadline in accordance with the SOW and Project Profile Form to assess the potential and feasibility of a future funding opportunity. The optimum number of funding opportunities, if any, will be determined as a result of the evaluation of the Expression of Interest submittals. If MCC determines that a funding opportunity exists, either the MCC or the Government of El Salvador may contact the applicant directly with a Request for Application. SUBMITTAL INFORMATION Prospective applicants are invited to submit an Expression of Interest in response to this RFI by 17:00 Eastern Daylight Time (EDT) on Friday, April 26, 2013. Only e-mail requests for additional information, questions, and comments will be accepted at [email protected] by 17:00 EDT on April 12, 2013. Prospective applicants are responsible for electronically submitting an Expression of Interest, and any modifications or revisions, so as to reach the MCC via the email address above by the deadline on April 26, 2013. Prospective applicants must provide, as part of their responses, all information concerning the project requirements listed as depicted in the SOW (NOTE: All questions/comments related to the SOW are not subject to the page limitation.) Please Note: Neither this notice, nor any resulting Expression of Interest submittals, obligates MCC or the Government to award a grant or otherwise pay for the information provided in response. MCC and the Government reserve the right to use information provided by respondents for any purpose deemed necessary and legally appropriate. Any prospective applicant responding to this notice should ensure that its response is complete and sufficiently detailed to allow MCC and the Government to determine the proponent's qualifications and the quality of the expression of interest. Prospective applicants are advised that MCC and the Government are under no obligation to acknowledge receipt of the information received or provide feedback to prospective applicants with respect to any information submitted.
Federal Grant Title: Request for Information for El Salvador Investment Challenge (ESIC)
Federal Agency Name: Millennium Challenge Corporation
Grant Categories: Other
Type of Opportunity: Other
Funding Opportunity Number: MCC-13-RFI-0064
Type of Funding: Other
CFDA Numbers: Information not provided
CFDA Descriptions: Information not provided
Current Application Deadline: Apr 26, 2013
Original Application Deadline: Apr 26, 2013
Posted Date: Mar 28, 2013
Creation Date: Mar 28, 2013
Archive Date: May 26, 2013
Total Program Funding:
Maximum Federal Grant Award: $25,000,000
Minimum Federal Grant Award: $0
Expected Number of Awards:
Cost Sharing or Matching: No
Category Explanation
Request for Information to solicit Expressions of Interest from prospective investors for the ESIC public-private partnership program. There is no funding opportunity for this activity yet.
Applicants Eligible for this Grant
Unrestricted (i.e., open to any type of entity above), subject to any clarification in text field entitled "Additional Information on Eligibility"
Grant Announcement Contact
Sarah Crawford

MCC ESIC Program Email [[email protected]]

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