Agriculture and agribusinesses are key drivers behind the ASEAN region's economic growth. Southeast Asia is one of the most productive agricultural baskets in the world, producing 129 million tons of rice, 40 million tons of corn, 171 million tons of sugarcane, 1.44 million tons of soybean, and 70.34 million tons of cassava in 2012.
Advances in technology and regional connectivity have made it easier for such commodities to enter global value chains. In addition to being home to over 600 million people, ASEAN is also strategically located between major East Asia and South Asia markets, making it an ideal supply and processing base for agribusinesses with an eye for expansion and growth.
USAID seeks, through partnerships with the private sector, innovative approaches to expand access to technology, information, and capital for innovative agribusiness entrepreneurs in the ASEAN region.
Recently was launched a Broad Agency Announcement (BAA) to explore ways to increase access to finance for innovative agribusinesses in Southeast Asia. A BAA is essentially an open call for short expressions of interest from the private sector (in this case, investors and other private and public organizations) to co-create ideas with USAID and potentially collaborate on a future partnership.
Request Expressions of Interest (EOI) for research, innovation and collaboration in support of increasing access to finance for entrepreneurs and small- and medium-sized agribusinesses (SMAs) in the ASEAN region. In this activity, USAID seeks to increase the productivity and profitability of such businesses across agricultural value chains in the region by (1) increasing their access to debt finance and (2) developing new agricultural technologies, business process improvements, and improving small trade infrastructure.
The goal of this project is to increase access to finance for SMAs operating across the ASEAN countries in which USAID works (including Cambodia, Indonesia, Laos, Burma, Philippines, and Vietnam). This Addendum is a competitive approach to consider ideas that advance the state-of-the-art, allowing USAID to reach out to potential partners with recognized expertise in relevant areas, and to co-create, co-design, co-invest, and collaborate with partners.
The deadline to submit expressions of interest is Feb 24. and interested applicants can email any questions to firstname.lastname@example.org.
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