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USAID commits more than $38 million to global entrepreneurship

Published on June 27, 2016

The United States Agency for International Development (USAID) announced four new investments totaling more than $38 million that will help mobilize the power of global entrepreneurs and innovators in the fight to end extreme poverty.  These investments will connect innovators around the world with investors and capital to increase access to energy and expand food security in developing countries.

Through a competitive call for innovations, USAID will provide up to $2.5 million in funding and mentoring to entrepreneurs to help them adapt, pilot and scale their proven cool storage solutions to prevent food loss and waste in countries where the U.S. Government's Feed the Future initiative focuses efforts. This call will expand the impact of USAID's investment by catalyzing private investment that strengthens food chains between farms and markets. Read more. Source | USAID