The African Diaspora Marketplace (ADM) was launched in 2009 by the United States Agency for International Development (USAID) and Western Union. Its primary purpose is “to encourage sustainable economic growth and employment by supporting African diaspora entrepreneurs.”
ADM also collaborates with the African Women’s Entrepreneurship Program (AWEP) to leverage on providing support to women entrepreneurs. Three business plan competitions have been held and 34 eligible SMEs have been awarded with matching grants to start or expand their businesses in sub-Saharan Africa, Libya, and Tunisia. ADM provides resources and tools through business training programs.
ADM coordinates business plan completions to select the top most qualified entrepreneurs to be recipients of $50,000-$100,000 cash or technical assistance resources worth of support to establish their business ventures in Africa. ADM has been selected as a P3 Impact Award Finalist in recognition of a public-private partnership (P3) that is impacting communities around the world in an impactful way.
The third round of the African Diaspora Marketplace business plan completion (ADM III) has been launched. Entrepreneurs are encouraged to apply for grant opportunity by submitting business proposals or concept papers by the deadline date, February 13, 2015. Click this link for more information on application and deadlines, www.diasporamarketplace.org/african-diaspora-marketplace-iii-0
Visit https://www.diasporamarketplace.org for more information about African Diaspora Marketplace and their programs. Also, contact David J. Saunders, ADM Outreach Coordinator, firstname.lastname@example.org.