Today's post comes to us from Fuqua School of Business MBA student Jose Magaña Paredas.
Entrepreneurs who have innovative solutions to pressing problems in developing regions are encouraged to apply. Innovation means, per USAID’s DIV team member Duc Tran, ‘delivering higher impact at a lower cost than current models or practices’. The initial application is five page letter of intent and applications are accepted on a rolling basis. Entrepreneurs in academia or out of school who looking to provide solutions to global challenges are encouraged to apply regardless of the type of business entity or formation, i.e. LLC, C-Corp., B-Corp. etc... Special sectors and regions are eligible for additional funding support. These sectors include Water, Sanitation & Hygiene sector; Humanitarian sector; Haiti; Latin America & the Caribbean region. Don’t let this funding opportunity not be something you consider as you prepare to hit the pavement and raise money for your venture; I know I’m submitting an application because I can’t afford not to!