USAID is accepting grant applications for the development of small and medium-sized businesses.

The United States Agency for International Development (USAID) announced the start of the application process for grant funding under a business support project.

The project aims to expand opportunities for businesses in the IT, textile, tourism, and green economy sectors. Special attention will be given to projects led by women, youth, and individuals from vulnerable groups when awarding grants.

Small and medium-sized enterprises, consulting firms, accelerators, incubators, innovation hubs, and coworking spaces can participate in the project. Applications from business associations, unions, and non-profit organizations are also accepted.

The co-financing amount from USAID will range from $25,000 to $100,000. Applicants must provide 50% of the project cost; however, for projects targeting women, youth, and vulnerable groups, this requirement is reduced to 20%.

Source: spot.uz