Total Funding: $4,235,889*
Start Date: September 2013
End Date: September 2017
Implementing Partner: Catholic Relief Services
Core Local Partners:
- MOZAIK Foundation
- Forum of Tuzla Citizens
- Helsinki Citizens Assembly
- Caritas of Bishop Conference
*Includes 15% matching funds from CRS
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.
Last updated: September 19, 2014