Recognizing the vital role that entrepreneurs in developing countries play in driving economic growth, creating jobs, and advancing market-based solutions to development challenges, USAID has launched the Partnering to Accelerate Entrepreneurship (PACE) initiative with the goal of spurring innovations that accelerate the creation of promising, high growth, and sustainable entrepreneurial ventures across the developing world.
Through PACE, USAID plans to invest up to $10 million to identify, test, and implement financially sustainable models that accelerate the growth of small and growing businesses that promote broad-based economic prosperity or address development challenges in areas such as food security, health, and energy access.
On November 1st, the Obama Administration issued a proclamation declaring November 2013 as National Entrepreneurship Month. In recognition of Global Entrepreneurship Week, the U.S Agency for International Development (USAID) is proud to announce a series of initiatives that will expand entrepreneurial opportunities through increased access to capital for high-growth start-ups, entrepreneurship education, and collaborations between large companies, financial institutions, and small and medium enterprises (SMEs) in developing countries.
USAID/Nepal's Ghar Ghar Maa Swasthya (Healthy Homes) project will work with the Nepal Contraceptive Retail Sales (CRS) company to increase the accessibility and availability of family planning and public health products throughout Nepal, especially in hard-to-reach rural areas.
Youth are an enormous resource for development and a key component for peace and stability in Bosnia and Herzegovina (BiH). Decisions they make and opportunities they have for education, training, employment, and civic participation will affect their country’s development outcome for years to come. But youth face significant challenges to participating in democratic and economic processes in BiH. USAID supports BiH youth from different ethnic backgrounds through a spectrum of activities to engage them in developing their communities and country.
Full inclusion of women from across society is critical to U.S. foreign policy objectives and imperative for the economic growth and stability of Bosnia and Herzegovina (BiH).
To date, USAID/BiH has leveraged more than $90 million from other donors, including the countries of Sweden, Norway, Germany, Italy, the UK, the Netherlands and the Czech Republic. USAID/BiH has used three main types of donor partnerships: (1) donor resources transferred to a USAID-managed project; (2) parallel funding to a shared effort managed separately; and (3) USAID funding to a project managed by another donor. These collaborations created strong models for USAID to replicate worldwide.
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