Updated Jan 30, 2020CLOSED

Juntos Es Mejor/BetterTogether Challenge

Offered by Inter-American Development Bank and U.S. Agency for International Development

The BetterTogether Challenge is a global initiative to crowdsource, fund, and scale forward-thinking solutions from Venezuelans, wherever they are, and innovators worldwide to support Venezuelans and host communities affected by the political, humanitarian, and economic regional crisis, which has driven nearly 4.5 million people to flee the country, the largest external displacement of people in the Western Hemisphere’s history.
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Loan, Grant, EquityType
CLOSEDSep 30, 2020Deadline
Up to $1,500,000Amount

Mandatory Requirements

StageStage 2: Research & Development, Stage 3: Proof of Concept, Stage 4: Transition to Scale and Stage 5: Scaling
Implemented In:
Focus AreasHumanitarian Assistance
Applicants must meet the following requirements to participate in the Challenge:
• Type. Eligible organizations for the Challenge include the following:
• National, regional, and local organizations;
• NGOs (U.S. and non-U.S.);
• Indigenous organizations and community-based entities;
• Foundations;
• Private enterprises or firms, including start-ups;
• Business associations;
• Faith-based organizations;
• Women-owned/women-led enterprises; and
• Universities, academia and think tanks.
• Size. The Challenge is open to all eligible organizations, regardless of size. We encourage applications from small and medium-sized enterprises (SMEs).
• Organizational Capacity. Applicants must successfully complete all pre-award requirements and have the capacity to manage and spend funds compliantly. Additionally, the organization must be legally registered (possess government certification of registration).
• Location.
• Applicants may be located anywhere in the world, including from inside Venezuela.
• Applicants must implement proposed solutions in one or more of the target geographies listed in Section I(B)(II).
• Applicants must either already have a presence in the proposed country of implementation or must have a local partner and provide supporting documentation of that partnership.
• Language. Applicants may submit concept papers in English or Spanish.
• Impact. Solutions must be directly related to the regional Venezuela crisis, the focal areas outlined in Section I, and benefit those affected by the regional crisis.

Other Requirements

Financial Statements
The Challenge encourages cost-sharing or matching, that is, using in-kind resources or funding from a different source, from all applicants. However, cost-share or match is a requirement for all IDB funded applicants and USAID Tier 4 applicants. The Challenge Partner that is funding the award will provide the details of required cost-sharing or matching arrangements at the application stage.

Application Directions

Interested applicants can submit a concept paper via the online https://juntosesmejorve.org/apply by using the Concept Paper Form in Annex I.


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