Small Enterprise Assistance Funds (SEAF) is currently inviting applications for the Second African Diaspora Marketplace (ADM) grants. The second ADM has been launched as an initiative of the United States Agency for International Development (USAID) and the Western Union Company.
The main aim of ADM is to encourage sustainable economic growth and employment by offering support to U.S.-based African Diaspora entrepreneurs with innovative ideas for start-up and established businesses in Sub-Saharan Africa.
It is expected that ADM will award 15-30 winning businesses with matching partnership grants approximately $50,000. The exact number of businesses supported will be determined by the availability of total funds. In addition, the ADM will facilitate access to technical assistance, capacity building and information on a range of follow-on financing options for all finalists. These opportunities will be afforded through linkages with existing USAID and other United States Government (USG) programs in Africa as well as ADM partnerships with the private and public sector.
Find out more by visiting http://www.yipekenya.org/Diaspora.htm
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