GrantExec

Business Excellence for Sustainability and Transparency (BEST) Phase II Activity

This grant provides up to $10 million to support the development and sustainability of small and medium-sized enterprises (SMEs) in Mongolia by enhancing their operational efficiency, corporate governance, and environmental practices.

$10,000,000
Closed
Nationwide
Grant Description

The USAID Business Excellence for Sustainability and Transparency (BEST) Phase II Activity will further advance key elements of the original activity and incorporate new elements to improve long-term sustainability of the small and medium-sized enterprise (SME) sector. BEST Phase II will work more closely with Mongolian government entities and civil society organizations (CSOs), providing training and capacity building so they can more effectively advise SMEs. In addition, BEST Phase II will include a component to work with SMEs directly to improve their energy efficiency and environmental sustainability to improve their overall competitiveness. Similar to BEST, the goal of BEST Phase II is to build the capacity of SMEs so they can more powerfully serve as an engine for Mongolias economic growth and diversification. Best Phase II will Improve capacity of Mongolian institutions;Improve corporate governance of SMEs; andImprove energy efficiency and environmental sustainability of SMEs.

Funding Details

Award Range

$10,000,000 - $10,000,000

Total Program Funding

$10,000,000

Number of Awards

1

Matching Requirement

No

Eligibility

Eligible Applicants

Unrestricted

Geographic Eligibility

All

Key Dates

Application Opens

November 22, 2024

Application Closes

February 12, 2025

Contact Information

Grantor

Howard Weston

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