Opportunity Information: Apply for 521 11 021
Apply for 521 11 021
- The Haiti USAID Port Au Prince in the business and commerce sector is offering a public funding opportunity titled "Leveraging Effective Application of Direct (LEAD) Investments Program" and is now available to receive applicants.
- This funding opportunity was created on Sep 23, 2011 and posted on Mar 22, 2011.
- Applicants must submit their applications by Apr 26, 2011. (Agency may still review applications by suitable applicants for the remaining/unused allocated funding in 2026.)
- The funding agency has allocated a total of $12,000,000.00 to eligible and selected applicants.
- Each selected applicant is eligible to receive up to $12,000,000.00 in funding.
- The number of recipients for this funding is limited to 1 candidate(s).
- Eligible applicants include: Small businesses Nonprofits having a 501(c)(3) status with the IRS, other than institutions of higher education For profit organizations other than small businesses Private institutions of higher education Nonprofits that do not have a 501(c)(3) status with the IRS, other than institutions of higher education Public and State controlled institutions of higher education.
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Opportunity Summary:
The Leveraging Effective Application of Direct (LEAD) Investments Program is a USAID Haiti funding opportunity designed to spur entrepreneurship and private sector growth in Haiti by mobilizing additional capital beyond traditional donor funding. The central idea is to leverage remittances and private sector financing so that more investment reaches Haitian enterprises, helping them start up, expand, and create jobs. Rather than acting only as a direct grant-making effort, the project is framed as an investment-focused initiative that aims to attract, match, or unlock other sources of money, particularly funds coming from the Haitian diaspora and private investors, to strengthen the broader business environment and accelerate growth in the local economy.
This opportunity was issued as a discretionary award under a cooperative agreement, which typically means USAID expects an active role in the implementation through collaboration, joint planning, and ongoing technical involvement. The funding activity category is Business and Commerce, and the program was structured as a single award, indicating USAID intended to select one lead organization to run the project. The total estimated funding for the award is $12,000,000, and both the award ceiling and floor are set at $12,000,000, signaling that the planned agreement size was fixed rather than a range. A cost sharing or matching requirement applies, reinforcing the program's emphasis on leveraging additional resources and ensuring the implementing partner brings in non-federal contributions, whether in cash or allowable in-kind forms, consistent with the terms USAID sets.
A wide range of applicant types were eligible, including small businesses, other for-profit organizations, nonprofits with or without 501(c)(3) status, and private or public institutions of higher education. This breadth suggests USAID was open to different implementation models, such as a private-sector led approach, a nonprofit-led approach with strong diaspora engagement, or a consortium that combines investment expertise, business development services, and local partnerships in Haiti. Because the award mechanism is a cooperative agreement, the selected applicant would likely need not only program management capacity but also strong financial controls, investment or finance-related experience, and the ability to coordinate with USAID and Haitian stakeholders.
Key administrative details include the Funding Opportunity Number 521 11 021 and a posted date of March 22, 2011, with an original and current closing date of April 26, 2011. The issuing agency is USAID/Haiti, based in Port-au-Prince. Additional details and official materials were made available through the USAID/Haiti website. For applicants who had trouble accessing the full announcement electronically, the listed point of contact was Launa Lherisson, an Acquisition and Assistance specialist, reachable by phone at 509 2229 8709, with reference to the opportunity number 521 11 021 and associated email contacts noted in the announcement.
Frequently Asked Questions (FAQs): LEAD Investments Program (USAID Haiti)
1) What is the LEAD Investments Program?
The Leveraging Effective Application of Direct (LEAD) Investments Program is a USAID/Haiti funding opportunity focused on spurring entrepreneurship and private sector growth in Haiti. Its core purpose is to mobilize additional capital beyond traditional donor funding so that more investment reaches Haitian enterprises to help them start up, expand, and create jobs.
2) What is the main idea behind this opportunity?
The central idea is to leverage remittances and private sector financing, especially funds connected to the Haitian diaspora and private investors. The program is framed as an investment-focused initiative intended to attract, match, or unlock other sources of money that can flow to Haitian businesses and strengthen the wider business environment.
3) Is this program focused on direct grant-making to businesses?
Based on the description provided, the program is not positioned as only a direct grant-making effort. Instead, it is designed to catalyze other investment sources (remittances, diaspora capital, and private sector financing) so that more total funding reaches Haitian enterprises.
4) Which agency is offering this opportunity?
The issuing agency is USAID/Haiti, based in Port-au-Prince.
5) What is the funding activity category?
The funding activity category is Business and Commerce.
6) What type of award mechanism is being used?
This opportunity was issued as a discretionary award under a cooperative agreement.
7) What does it mean that the award is a cooperative agreement?
A cooperative agreement typically means USAID expects to play an active role during implementation. That often includes collaboration, joint planning, and ongoing technical involvement, rather than a hands-off relationship.
8) How many awards did USAID intend to make?
The program was structured as a single award, meaning USAID intended to select one lead organization to run the project.
9) What is the estimated total funding amount?
The total estimated funding for the award is $12,000,000.
10) What are the award ceiling and award floor?
Both the award ceiling and the award floor are set at $12,000,000, which signals the planned agreement size was fixed rather than offered as a range.
11) Is cost sharing or matching required?
Yes. A cost sharing or matching requirement applies, consistent with the program emphasis on leveraging additional resources and ensuring non-federal contributions are part of the implementation approach.
12) What kinds of contributions can be used for cost share or match?
The description notes non-federal contributions may be provided in cash or allowable in-kind forms, consistent with the terms USAID sets for the award.
13) Who was eligible to apply?
A wide range of applicant types were eligible, including:
- Small businesses
- Other for-profit organizations
- Nonprofits with or without 501(c)(3) status
- Private institutions of higher education
- Public institutions of higher education
14) Does eligibility allow different implementation models?
Yes. The broad eligibility suggests USAID was open to multiple implementation models, such as a private-sector led approach, a nonprofit-led approach with strong diaspora engagement, or a consortium combining investment expertise, business development services, and local partnerships in Haiti.
15) What capabilities would a successful applicant likely need?
Because the mechanism is a cooperative agreement and the initiative is investment-focused, the selected applicant would likely need strong program management capacity, strong financial controls, finance or investment-related experience, and the ability to coordinate closely with USAID and Haitian stakeholders.
16) What is the Funding Opportunity Number?
The Funding Opportunity Number is 521 11 021.
17) When was the opportunity posted?
The posted date was March 22, 2011.
18) What was the closing date?
The original and current closing date listed was April 26, 2011.
19) Where could applicants find the official materials?
Additional details and official materials were made available through the USAID/Haiti website.
20) Who was the point of contact for access issues or questions?
For applicants who had trouble accessing the full announcement electronically, the listed point of contact was Launa Lherisson, an Acquisition and Assistance specialist.
21) How could the point of contact be reached?
Launa Lherisson was reachable by phone at 509 2229 8709. Applicants were instructed to reference the opportunity number 521 11 021, and email contacts were noted in the announcement.
22) What location is associated with the issuing office?
USAID/Haiti is based in Port-au-Prince.
23) What is the program trying to achieve in Haiti?
The program aims to accelerate private sector growth by increasing investment flows to Haitian enterprises, supporting business formation and expansion, and contributing to job creation while strengthening the broader business environment.
24) What funding sources does the program especially aim to mobilize?
The description highlights remittances and private sector financing, with particular emphasis on funds coming from the Haitian diaspora and private investors.
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