Financial Markets International, Inc. is soliciting Applications from Local Government Units (LGUs) in Bosnia and Herzegovina interested in partnering with the USAID Diaspora Invest Project. The purpose of this Request for Applications (RFA) is to select seven (7) partner Local Government Units looking to engage diaspora in local economic and social development with the assistance of the Diaspora Invest Project.

The purpose of this Annual Program Statement (APS) is to provide essential information to prospective applicants, enabling them to submit applications for grant funding under the Municipal Diaspora Facility of the Small Grant Fund, implemented by the USAID Diaspora Invest Project (“DI” or “Project”). This APS invites grant applications from qualified and legally registered Small and Medium Sized Enterprises (SMEs) in Bosnia and Herzegovina (BiH) with diaspora links or ownership. The focus is on co-funding for diaspora-facilitated investments into fixed assets for business operations in BiH.

The USAID Diaspora Invest Project is soliciting applications from qualified diaspora-owned or diaspora-related Micro, Small and Medium Sized enterprises (MSMEs) registered in Bosnia and Herzegovina for grant awards from the Small Grants Fund. This call is open to limited liability or joint-stock companies registered in Bosnia and Herzegovina that are up to 3 years old and have a demonstrable diaspora connection (either through ownership, co-ownership, or a verifiable business partnership).

USAID’s Diaspora Invest Project invites Bosnian and Herzegovinian diaspora to join in the establishment of the Diaspora Business Advisory Council (DiaBAC). This five-year project aims to utilize the BiH diaspora’s potential in enhancing local economic developments. The project, building on USAID’s past diaspora engagements, focuses on strengthening local communities’ ties with the diaspora, boosting diaspora investments, and transferring knowledge to catalyze economic growth and job creation.