Awarded: Vernonburg Group ($293,000)  |

Chemonics International, under the USAID Climate Finance for Development Accelerator (CFDA), seeks a subcontractor that has the capacity to evaluate different financing vehicles and approaches and recommend an effective structure that will allow digital infrastructure partners to gain access to affordable capital (in the below $10 million range) by receiving and leveraging USG risk capital, other donor and impact capital, as well as private investment.

CFDA launched the Sustainable and Secure Digital Connectivity Activity in support of USAID’s Innovation, Technology, and Research Hub (ITR) to expand open, inclusive, and secure broadband infrastructure in developing countries together with Microsoft. The subcontractor must co-create and design a financing activity to help digital infrastructure partners access capital to expand their networks in low- and middle-income countries, and co-design a roadmap with USAID/ITR and Microsoft to launch the financing entity.

Proposals will be accepted through December 1, 2023 at 5:00pm Eastern Standard Time (EST).

Interested offerors are highly encouraged to join the Climate Finance Investment Network (CFIN). Managed by CFDA, the CFIN brings together climate finance stakeholders across a diverse set of sectors and emerging and frontier markets to partner with USAID. The objective of the network is to crowd in private sector climate financing through learning, partnership facilitation, and catalytic grants. CFDA will share all full and open solicitations, amendments, answers to questions, and other updates with contacts registered with the CFIN. There is no cost to join the CFIN and membership does not involve any commitment or obligation.