Annual Program Statement (APS): Small Grants Awarded through the Municipal Diaspora Facility of the Small Grant Fund (APS-2023-01)

Diaspora Invest Project Solicitation

Annual Program Statement (APS): Small Grants Awarded through the Municipal Diaspora Facility of the Small Grant Fund (APS-2023-01)

Issuance Date: September 22, 2023

Closing Date: September 21, 2024, at 4 PM CET

Purpose

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.

Successful SME applicants will be provided grant awards through the Municipal Diaspora Facility of the Small Grant Fund. The total value of the Municipal Diaspora Facility is $2 million, and it is financed in equal parts by the USAID Diaspora Invest Project and the participating local government units. These units include: Berkovići, Bihać, Bosanska Krupa, Brčko distrikt BiH, Bratunac, Cazin, Centar Sarajevo, Gračanica, Goražde, Istočna Ilidža, Jablanica, Jajce, Kakanj, Konjic, Livno, Lopare, Lukavac, Ljubinje, Ljubuški, Maglaj, Modriča, Mostar, Posušje, Tešanj, Tomislavgrad, Travnik, Tuzla, Zavidovići, Zenica, and Žepče („Local Partners“).

All qualifying companies are invited to submit applications under this announcement. The APS document with detailed information about the application process is available here.

All grants awarded under this APS will support the shared objectives to:

  • Increase diaspora direct investment
  • Support new job creation
  • Promote business growth, as indicated by sales and/or exports
  • Introduce new products and services into local and international markets

Subject to the availability of funds, grants ranging from BAM 15,000 to BAM 70,000 will be awarded for a maximum implementation period of eighteen months (18 months).

For your convenience, the application form is available in Bosnian/Croatian/Serbian and English languages at http://www.grant.diasporainvest.ba/.

Contracting Entity: USAID Diaspora Invest Project

Funded by: United States Agency for International Development (USAID) and Local Partners

Total Fund Value: $2 million

Grant Range: BAM 15,000 to BAM 70,000

Maximum Implementation Period: 18 months