SME Support through Financial-Sector Development |
The summary for the SME Support through Financial-Sector Development Federal Grant is detailed below. It contains information such as the Catalog of Federal Domestic Assistance (CFDA) number, who is eligible for the grant, how much grant money will be awarded, important deadlines, 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 in the Grant Announcement Contact section. If these sections are incomplete, please visit the website of the government agency that is offering this grant.
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Federal Grant Title: SME Support through Financial-Sector Development CFDA Number: 98.001 CFDA Description: USAID Foreign Assistance for Programs Overseas Federal Agency Name: Azerbaijan USAID Baku Category of Funding Activity: Other Category Explanation: The purpose of this activity is to aid in stimulating the development of small- and medium-size enterprises through supporting the development of Azerbaijans financial sector. Opportunity Category: Discretionary Funding Opportunity Number: 112-05-014 Document Type: Grants Notice Funding Instrument Type: Cooperative Agreement Posted Date: Aug 03, 2005 Creation Date: Aug 03, 2005 Original Closing Date for Applications: Aug 31, 2005 Current Closing Date for Applications: Information not provided Archive Date: Sep 30, 2005 Expected Number of Awards: 1 Estimated Total Program Funding: $6,385,000 Federal Grant Award Ceiling: $6,385,000 Federal Grant Award Floor: Information not provided Cost Sharing or Matching Requirement: No
- 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"
- Additional Information on Eligibility
- Source, Origin and Nationality codes for this procurement are 000 (US) and 110 (NIS).
- Grant Description
- The United States Agency for International Development (USAID/Caucasus) is seeking applications for an Assistance Agreement for funding a program for SME Support through Financial-Sector Development. The authority for the RFA is found in the Foreign Assistance Act of 1961, as amended. The Recipient will be responsible for ensuring achievement of the program objective to aid in stimulating the development of small- and medium-size enterprises through supporting the development of Azerbaijans financial sector. Specifically, this program will: - advise the Azerbaijan Bank Training Center in curriculum and course development and the pursuit of accreditation by and affiliation with western (North American or European) institutions of higher learning as a means to enhance the skills of the industrys workforce; - support the development of the nascent Azerbaijan Micro-Finance Association (AMFA) to support its members and advocate for its members interests and support common objectives; - provide expert assistance to stakeholders on the issue of the legal and regulatory environment in which non-bank lending institutions (such as AMFAs members) operate; - assist the GOAJ and the development community on assessing constraints to the financial sectors development and coordination of efforts to abate these constraints; - develop a credit-enhancement facility through the Development Credit Authority to help micro- and SME-finance companies raise capital for onward lending.
- Link to Full Grant Announcement
- Information not provided
- Grant Announcement Contact
- Yeleussizov, Seilkhan, Senior Acquisition Specialist, Phone (9-9412) 498 18 35 ext. 212, Fax (9-9412) 493 68 39, Email syeleussizov@usaid.gov syeleussizov@usaid.gov Yeleussizov, Seilkhan
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