Promoting Fintech Sector in MENA
At a glance
Promoting Fintech Sector in MENA is a closed federal cooperative agreement opportunity from the Assistance Coordination (Department of State). The application deadline was May 23, 2019. Individual awards are listed as $500K – $1M, with about 2 awards expected and $1M in total estimated funding. Applicant types listed as eligible include others (see notice). Cost sharing or matching is required. It is funded under Assistance Listing 19.500 (Middle East Partnership Initiative).
Summary assembled from the official notice's fields. The official notice governs.
Key facts
- Posted
- Mar 28, 2019
- Close date
- May 23, 2019
- Award floor
- $500,000
- Award ceiling
- $1,000,000
- Est. total funding
- $1,000,000
- Expected awards
- 2
- Cost sharing
- Required
- Funding instrument
- Cooperative Agreement
- Opportunity category
- Discretionary
Who can apply
- Others (see notice)
Additional information on eligibility (from the notice)
U.S. or foreign: -Non-profit organizations; -For-profit organizations; or -Small businesses with functional and regional experience in the areas of technology and Fintech.
Based on the published notice. Review the official notice for complete eligibility requirements.
What it funds
Official synopsis as published by the agency, formatted for readability.
Aligned with the Department of State's regional strategic objective of promoting increased employment, economic growth and U.S. economic and commercial engagement, this funding opportunity seeks to advance this strategic objective through a focus on development of the region's financial technology (Fintech) sector. The initiatives supported under this opportunity will promote the Fintech industry through partnerships, technical assistance, and joint ventures with the private sector from the United States and other regions. Initiatives will encourage the formalization of Fintech enterprises, develop and implement business strategies and models for economic growth, and enhance the development of the entrepreneurial ecosystem for Fintech in the region. Through this funding opportunity, NEA/AC seeks to develop this emerging market and promote U.S. economic interests by encouraging the U.S. private sector to both invest in and facilitate partnerships in the Fintech sector in the MENA region.
Assistance Listing
What is an ALN?Reported obligations under ALN 19.500
Historical data · not a predictionAgency contact (as published)
Assistance Coordination
703-516-1684
Quick answers
Who is eligible to apply for “Promoting Fintech Sector in MENA”?
The official notice lists these applicant types as eligible: Others (see notice). Additional restrictions may apply; review the full notice.
How much funding is available through “Promoting Fintech Sector in MENA”?
Per the notice, individual awards are listed as $500k – $1m, total estimated program funding is $1,000,000 and the agency expects to make about 2 awards.
How do I apply for “Promoting Fintech Sector in MENA”?
Applications are submitted through the official source, not through GrantsJunction. Open the official notice on Grants.gov (opportunity SFOP0005694), and review the full announcement and application package. Organizations applying through Grants.gov generally need an active SAM.gov registration and a Grants.gov account, which can take several weeks to set up.
Related open opportunities
Matched on shared Assistance Listings, agency, categories and eligible applicant types.
U.S.-Africa Strategic Investment Program
Bureau of African Affairs- Award range
- $5M – $50M
- Closes
- May 31, 2027
- Who can apply
- Public colleges & universities, 501(c)(3) nonprofits, Nonprofits without 501(c)(3) status and 4 more