Opportunity Information: Apply for SFOP0007985
The "Women's Economic Empowerment in the Mekong" opportunity (Funding Opportunity Number SFOP0007985) is a discretionary grant competition run by the U.S. Department of State, Bureau of East Asian and Pacific Affairs. It is designed to fund a regional development project in the Mekong subregion that strengthens women's economic empowerment by improving access to practical financial skills and risk-protection tools that can help women-owned and women-led businesses grow and stay resilient.
The program plans to award a single grant, with a maximum funding amount (award ceiling) of USD 395,061, using FY 2020 Economic Support Funds (ESF), contingent on the availability of funds. The core focus is on delivering financial literacy training and providing support to women who are seeking microinsurance. The intent is to help women entrepreneurs who operate micro, small, and medium enterprises (MSMEs) better understand and use financial services, while also reducing vulnerability to shocks through appropriate insurance products. In practical terms, this kind of support often covers topics like budgeting and cash flow, savings habits, basic accounting, understanding credit and interest, navigating financial products, and making informed decisions about insurance coverage that protects business continuity and household stability.
The opportunity is categorized as a grant (Funding Instrument Type: Grant) under the broader activity area of regional development (Funding Activity Category: Regional Development), and it is associated with CFDA number 19.124. Eligibility is listed as "Others," with additional eligibility details referenced in the full announcement text (meaning applicants need to consult the notice's eligibility section to confirm whether their organization type and status qualify). The announcement was created on April 16, 2021, and the original application deadline was June 15, 2021.
Overall, the grant targets a specific gap that can hold back women entrepreneurs: limited financial literacy and limited access to risk-management tools like microinsurance. By combining training with hands-on support for women trying to secure microinsurance, the project aims to strengthen the financial confidence, stability, and growth prospects of women-run MSMEs across the Mekong region.Apply for SFOP0007985
- The Department of State, Bureau of East Asian and Pacific Affairs in the regional development sector is offering a public funding opportunity titled "Women’s Economic Empowerment in the Mekong" and is now available to receive applicants.
- Interested and eligible applicants and submit their applications by referencing the CFDA number(s): 19.124.
- This funding opportunity was created on Apr 16, 2021.
- Applicants must submit their applications by Jun 15, 2021. (Agency may still review applications by suitable applicants for the remaining/unused allocated funding in 2026.)
- Each selected applicant is eligible to receive up to $395,061.00 in funding.
- The number of recipients for this funding is limited to 1 candidate(s).
- Eligible applicants include: Others (see text field entitled Additional Information on Eligibility for clarification).
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Frequently Asked Questions (FAQs): Women's Economic Empowerment in the Mekong (SFOP0007985)
What is the "Women's Economic Empowerment in the Mekong" funding opportunity?
It is a discretionary grant competition run by the U.S. Department of State, Bureau of East Asian and Pacific Affairs, to fund a regional development project in the Mekong subregion. The project focus is strengthening women's economic empowerment by improving access to practical financial skills and risk-protection tools that help women-owned and women-led businesses grow and remain resilient.
What is the Funding Opportunity Number for this grant?
The Funding Opportunity Number is SFOP0007985.
Which U.S. government agency is administering this grant competition?
The opportunity is administered by the U.S. Department of State, Bureau of East Asian and Pacific Affairs.
What type of funding instrument is being offered?
The Funding Instrument Type is a Grant.
What is the funding activity category for this opportunity?
The Funding Activity Category is Regional Development.
What is the CFDA number associated with this opportunity?
The opportunity is associated with CFDA number 19.124.
How many awards does the program plan to make?
The program plans to award a single grant.
What is the maximum funding amount available under this opportunity?
The award ceiling is USD 395,061.
What funding source will be used for the award?
The award is planned to be funded using FY 2020 Economic Support Funds (ESF), contingent on the availability of funds.
Is this funding guaranteed?
No. The planned award is contingent on the availability of funds.
What geographic region does the project target?
The project targets the Mekong subregion and is framed as a regional development effort across the Mekong region.
Who is the intended beneficiary of the project activities?
The intended beneficiaries are women entrepreneurs, particularly those who own or lead micro, small, and medium enterprises (MSMEs) in the Mekong subregion.
What primary problem or gap is the grant intended to address?
The grant targets a specific gap that can hold back women entrepreneurs: limited financial literacy and limited access to risk-management tools like microinsurance.
What are the core program components described in the opportunity?
The core focus is on delivering financial literacy training and providing support to women who are seeking microinsurance. The intent is to help women-run MSMEs better understand and use financial services, while reducing vulnerability to shocks through appropriate insurance products.
What kinds of topics might be included in the financial literacy training?
Based on the description provided, training may cover practical skills such as budgeting and cash flow, savings habits, basic accounting, understanding credit and interest, navigating financial products, and making informed decisions about insurance coverage that supports business continuity and household stability.
How does microinsurance fit into the project design?
The opportunity emphasizes hands-on support for women seeking microinsurance as a risk-protection tool. The aim is to reduce vulnerability to shocks by helping women entrepreneurs access and use insurance products that can protect business continuity and improve resilience.
What outcomes is the project aiming to achieve for women-led MSMEs?
By combining financial literacy training with support for obtaining microinsurance, the project aims to strengthen financial confidence, stability, resilience to shocks, and growth prospects for women-run MSMEs across the Mekong region.
Who is eligible to apply for this funding opportunity?
Eligibility is listed as "Others," and additional eligibility details are referenced in the full announcement text. Applicants would need to consult the notice's eligibility section to confirm whether their organization type and status qualify.
Where can applicants find the detailed eligibility requirements?
The detailed eligibility requirements are referenced as being in the full announcement text, specifically in the notice's eligibility section.
When was the announcement created?
The announcement was created on April 16, 2021.
What was the original application deadline?
The original application deadline was June 15, 2021.
Is the opportunity described as a competitive or non-competitive award?
It is described as a discretionary grant competition.
Does the opportunity specify that it will fund multiple projects or one regional project?
It indicates the program plans to award a single grant to fund a regional development project in the Mekong subregion.
Does the provided description list required partners, cost share, or match requirements?
No. The information provided does not mention required partners, cost sharing, or match requirements. Those details, if applicable, would typically be found in the full announcement text.
Does the provided description include performance period length or start date?
No. The information provided does not specify a performance period length or a start date.
Does the opportunity specify particular financial service providers or insurance products to be used?
No. The information provided describes microinsurance in general terms and does not name specific providers or prescribe specific products.
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