# PROMOTING YOUTH RURAL ENTREPRENEURSHIP IN THE FARANAH ADMINISTRATIVE REGION OF GUINEA

Source: https://welltoldgrants.com/grants/72067523aps00001-promoting-youth-rural-entrepreneurship-in-the-faranah/  
Official notice: https://www.grants.gov/search-results-detail/348590

> Guinea USAID-Conakry offered grants of up to $2.0 million (at least $100,000) to the applicants described in the notice. Applications closed on July 31, 2023.

| Field | Value |
|---|---|
| Opportunity number | 72067523APS00001 |
| Agency | Guinea USAID-Conakry |
| Status | Forecast |
| Deadline | July 31, 2023 |
| Award ceiling | $2.0 million |
| Award floor | $100,000 |
| Expected awards | not stated |
| Total funding | not stated |
| Cost sharing | not required |
| Assistance Listings | 98.001 |

## Who can apply

- Others (see text field entitled "Additional Information on Eligibility" for clarification)

Eligible applicants:1. Must be local entities in the West Africa region, although preference may be given to organizations from Guinea. When determining if an entity is a “local entity” for the purposes of this APS, USAID will consider:Whether the entity is legally organized under the laws of Guinea or another West African country;Whether the entity has its principal place of business or operations in Guinea or another West African country;Whether the entity is majority owned and controlled by individuals who are citizens or lawful permanent residents of Guinea or another West African country; andWhether the entity is managed by a governing body, the majority of whom are citizens or lawful permanent residents of Guinea or another West African country. 2. Cannot have received more than $5 million in direct funding (as a prime awardee) from USAID in the previous five fiscal years. 3. Cannot be a U.S.-based organization. U.S.-based organizations are not eligible as prime awardees under this APS.

## What the grant funds

Youth in rural areas of the Faranah Region of Guinea (prefectures of Kissidougou, Faranah, Dabola, and Dinguiraye) desire to contribute to local and national development, as well as their own economic empowerment, through entrepreneurship to employ themselves and other members of their communities. However, they face key barriers: access to finance, access to technology and inputs, challenges with transparency and corruption, and limited capacity in developing business strategies, among others. USAID/Guinea wants to support current and future youth entrepreneurs in the rural areas of the Faranah Region (Kissidougou, Faranah, Dabola, Dinguiraye) to overcome these and other obstacles, and to live up to their potential. USAID is interested in supporting entrepreneurship and economic empowerment that are inclusive of youth with disabilities and female youth. USAID plans to engage with a local organization or a group of local/regional organizations (with one organization as the primary) through Fixed Amount Awards. Each award will not exceed $2,000,000, subject to funding availability. The performance period is expected to be around 3 years and 7 months, divided into two phases. Phase 1, which is the Assessment and Co-design phase, will take approximately 7 months with a budget of approximately $100,000. If necessary, the award may be renewed for Phase 2, which is the Entrepreneurship Empowerment Program Implementation phase that will take approximately 3 years with a budget of approximately $1,900,000.

## Questions people ask

### Is 72067523APS00001 still open?

No. It closed on July 31, 2023.

### Who can apply for PROMOTING YOUTH RURAL ENTREPRENEURSHIP IN THE FARANAH ADMINISTRATIVE REGION OF GUINEA?

Guinea USAID-Conakry accepted applications from the applicants described in the notice. The notice adds further conditions, so read its eligibility section.

### What is the deadline for PROMOTING YOUTH RURAL ENTREPRENEURSHIP IN THE FARANAH ADMINISTRATIVE REGION OF GUINEA?

Closed July 31, 2023. Applications are no longer accepted; the program's newer notices are on this page when there are any.

### How much funding is available?

Awards of up to $2.0 million each.

### Who has won USAID Foreign Assistance for Programs Overseas grants before?

The largest recipients over five fiscal years were Miscellaneous Foreign Awardees, Family Health International, Catholic Relief Services - United States Conference of Catholic Bishops. The program made 4,233 awards worth $37 billion in that time.