Source: microLINKS.
Original press release available here.
September 15 – The deadline for USAID’s Innovations in Financing Value Chains competition deadline has been extended to October 15, 2008.
OBJECTIVES
Objectives of this competition are to identify:
1. Value chain financing activities or products which are effective, sustainable and replicable.
2. Cross cutting strategies and models that can facilitate value chain financing programming in a range of contexts.
3. Innovations and pioneering value chain financing best practices.
ABOUT THE AWARDS
USAID’s Innovations in Financing Value Chains competition will identify successful and pioneering project activities, products and models that contribute to the increased competitiveness of value chains. As the field of enterprise development continues to search for successful approaches to serve value chain actors with financial services, this contest seeks to capture proven or promising strategies and provide a venue for their dissemination. There will be a forum to award finalists with prizes and allow practitioners to network and share lessons learned.
WHO SHOULD APPLY?
We encourage applications from any institution (NGOs, contractors, bank, financial service providers, private sector firms) or individual that facilitates access to (or provides) financing to enable value chains to upgrade in a way that both increases the competitiveness of those value chains, and increases the incomes of firms and farmers active within those value chains. Finance can be provided in a number of ways:
• through and among the value chain actors;
• from financial institutions to value chain actors; or
• a combination of the above.
AWARD CATEGORIES & CRITERIA
Two award categories are described in the table under the tab “Award Categories,” Excellence in Achievement and Pioneering/Ground Breaking. One finalist will be selected in each award category.
DEADLINE FOR SUBMISSIONS –
October 15, 2008
PRIZE
A general announcement about contest results will be published in the 5,000+ subscriber microLINKS Connections e-newsletter.
The first place winner in each of the two categories will receive the following:
• A $2,500 honorarium
• Publication of winning applications on USAID’s microLINKS website
• Field-based case study and possibility of being featured at a USAID policy briefing
• An all-expense paid trip to the forum for the winning individual or a representative of the winning organization to receive the award and make a presentation to an audience of policymakers, donors, leading academics, and practitioners[1]
• Recognition on USAID’s microLINKS website and in the microLINKS Connections e-newsletter
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