This program is designed with your agricultural business in mind. By participating, you have the chance to access innovative funding that can boost your operations in horticulture and aquaculture. This isn't just another funding opportunity; it allows you to collaborate and partner with others, creating solutions for pressing agricultural issues. Imagine working with regional businesses and academic partners to tackle challenges specific to your field—it's a game changer.

Additionally, while specific funding amounts are yet to be announced, the anticipated five-year support aligns with the long-term growth of your business. It positions you to adopt new technologies, improve sustainability, and ultimately contribute to food security in the region. Don't miss out on the chance to prepare for this funding opportunity as it unfolds. Stay informed and ready to take advantage of what’s coming.

Type of Financing

The financing provided through this program is in the form of a cooperative agreement (CA). This means you will receive financial support for specific projects aimed at agricultural technology diffusion.

Repayment Terms and Interest Rates

Since this is not a traditional loan, there are no repayment terms or interest rates involved. Instead, the funding is designed to support your initiatives without the stress of paying it back later.

Eligible Expenses

You can use the funds for various related expenses, including:

• Research and development of sustainable agricultural technologies
• Deployment and scaling of horticulture and aquaculture solutions
• Engagement with local stakeholders
• Project management and operational costs

Ineligible Expenses

Funds cannot be used for non-project related costs, personal expenses, or any activities not aligned with the program's objectives.

Fees Associated with the Program

There are no direct fees associated with receiving this funding. However, it is essential to maintain your registration in the System for Award Management (SAM) and comply with the application requirements to be eligible for funding.

• Location: The program is available for businesses in South and Southeast Asia, particularly in Bangladesh, Cambodia, and Nepal.

• Sectors: All sectors are eligible to apply.

• Employee Requirements:

  • No minimum number of employees required.
  • No maximum number of employees set.

• Revenue Requirements:

  • No minimum company revenue qualifications.
  • No maximum company revenue qualifications.

• Legal Structure: All legal structures are applicable.

• Profit Structure: All profit structures are applicable.

• Registration Requirements:

  • Must be registered in the System for Award Management (SAM).
  • Must provide a valid Dun and Bradstreet Universal Numbering System (DUNS) number in the application.
  • Must maintain an active SAM registration with current information during the application process and throughout the active Federal award period.

Disqualifications:

• Unsolicited applications will not be considered. All applications must be submitted in response to the official Request for Applications (RFA) once issued.
• Individuals or Federal awarding agencies that are not excepted from DUNS and SAM requirements under 2 CFR §25.110(b) or (c) must comply with these requirements to receive a Federal award.

This program is designed to support your business in the agricultural sector across South and Southeast Asia. While there are no applications being taken at this moment, it's a chance to prepare. You can expect potential funding that will help with innovative technology adoption in horticulture and aquaculture, benefiting your operations significantly.

The program emphasizes partnerships, which means you can collaborate with regional businesses and academic partners to solve pressing agricultural challenges. Whether you're facing issues in horticulture or seeking to make your aquaculture practices more sustainable, this initiative aims to address those needs.

Although the specifics of funding amounts and payback terms have not been finalized yet, the long-term support—projected for five years—positions your business to thrive by implementing new technologies and improving food security in the region. Keep an eye on updates, as the announcement will come soon, and you don’t want to miss out on this opportunity.