2025 Academy for Women Entrepreneurs

The summary for the 2025 Academy for Women Entrepreneurs 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 US Mission to South Korea, which is the U.S. government agency offering this grant.
2025 Academy for Women Entrepreneurs: Funding Opportunity Title: 2025 Academy for Women Entrepreneurs Funding Opportunity Number: PD-SEOUL-FY24-05 Deadline for Applications: August 12, 2023, 11:59 p.m. GMT+9 CFDA Number: 19.040 – Public Diplomacy Programs Total Amount Available: $75,000 This notice is subject to availability of funding. A. PROGRAM DESCRIPTION After a successful inaugural program in 2024, U.S. Embassy Seoul is excited to launch the second Academy for Women Entrepreneurs (AWE) in Korea. The U.S. Department of State created AWE to support and empower women entrepreneurs globally. The program provides the skills, knowledge, and resources needed to build, manage, and scale successful businesses – a key priority highlighted by both President Biden and President Yoon during the 2023 U.S.-ROK State Visit. Participants will gain skills to maximize their contributions to the Korean economy and facilitate entry into the U.S. market. The selected grantee will facilitate a pre-made curriculum combining online and offline components. The curriculum covers topics including entrepreneurship, business planning, marketing, financial management, and pitching. The grantee will also collaborate with U.S. Embassy Seoul to organize networking activities for participants to build relationships amongst themselves and to expand their networks of Korean and American business leaders. Prior to the program, the grantee organization will receive an AWE training session to familiarize themselves with the program's curriculum. Key Outputs: Recruitment: The grantee, in close collaboration with U.S. Embassy Seoul, will recruit 25 women entrepreneurs who have been running their businesses since inception. Detailed participant selection criteria will be designed in close collaboration with the grantee organization. Program: Training: The first phase of the program will focus on Thunderbird University's three-month-long “100 Million Learners Program,” delivered online. During this phase, the grantee organization will maintain regular check-ins with participants to ensure their active engagement. Monthly in-person meetings will be held to facilitate discussion of the material and best practices for adapting these skills to their own businesses. Networking: The grantee organization will organize networking activities. U.S. Embassy Seoul will supplement these activities with invitations for participants to attend related ongoing programs or events. In particular, these networking activities should involve the inaugural 2024 AWE cohort and their mentors, when possible. Events: The program will culminate in a graduation ceremony in Fall 2025. Select, high-performing participants will be invited to attend Select USA in 2025 and/or to become mentees in the Select USA Global Women in Tech program. Monitoring and Evaluation: The grantee organization will conduct ongoing surveys to assess participants' experiences before and after attending the AWE program. These surveys will assess the relevance of the materials to their businesses and reflections on the trainings. Note: Not mandatory, but you may use the templates provided here: Proposal Template / Budget Template All application materials must be submitted by email to [email protected]
Federal Grant Title: 2025 Academy for Women Entrepreneurs
Federal Agency Name: US Mission to South Korea (DOS-KOR)
Grant Categories: Other (see text field entitled "Explanation of Other Category of Funding Activity" for clarification)
Type of Opportunity: Discretionary
Funding Opportunity Number: PD-SEOUL-FY24-05
Type of Funding: Cooperative Agreement
CFDA Numbers: 19.040
CFDA Descriptions: Information not provided
Current Application Deadline: August 12th, 2024
Original Application Deadline: August 12th, 2024
Posted Date: July 9th, 2024
Creation Date: July 9th, 2024
Archive Date: August 13th, 2024
Total Program Funding: $75,000
Maximum Federal Grant Award: $75,000
Minimum Federal Grant Award: $1,000
Expected Number of Awards: 1
Cost Sharing or Matching: No
Last Updated: July 8th, 2024
Category Explanation
Public Diplomacy
Applicants Eligible for this Grant
Nonprofits having a 501 (c) (3) status with the IRS, other than institutions of higher education - Nonprofits that do not have a 501 (c) (3) status with the IRS, other than institutions of higher education - Others (see text field entitled "Additional Information on Eligibility" for clarification.)
Additional Information on Eligibility
• Registered not-for-profit organizations, including think tanks and civil society/non-governmental organizations with programming experience • Non-profit or governmental educational institutions • Foreign Public Entities (FPE) for example: Public International Organizations and Governmental institutions
Link to Full Grant Announcement
Visit here (U.S. Embassy Seoul Website) for a full announcement with proposal templates
Grant Announcement Contact
Seoul PD Grants Team
Representative Email of the Grants Team in PD Seoul
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