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.
Last updated: March 16, 2014