USAID Administrator Samantha Power will attend the World Economic Forum from January 17 to 19 in Davos, Switzerland. During her visit, the Administrator will emphasize the role and responsibility of the private sector in helping unlock solutions to critical global challenges.
The significant scale of today’s global challenges – recovering from the economic and human cost of the COVID-19 pandemic, unprecedented humanitarian disasters in the Horn of Africa and elsewhere, a global food security crisis that has been exacerbated by Putin’s war against Ukraine that has taken an enormous share of the world’s agriculture exports offline, and dangerous threats to democratic progress – cannot be solved by traditional development resources alone. This new fund will be dedicated to accelerating development and humanitarian progress through partnerships with the private sector.
While USAID has decades of experience partnering with businesses and industries to implement market-led development and humanitarian solutions to global challenges, the new fund will make it easier for USAID and partners to drive real progress and shared prosperity beyond one-off programs. The $50 million fund will help USAID and partners generate sustainable, high-impact public-private partnerships to tackle the climate crisis, deliver gender equality, drive economic growth, and address other key priorities.
This EDGE Fund will allow USAID to prioritize partnerships that center around the private sector’s core capabilities, supply chains, and operations to collaboratively deliver development, humanitarian, and commercial gains. Prospective partners can find more information on the application process on the EDGE Fund page.
The following list of planned activities are among the first projects slated to receive resources through the EDGE Fund:
- Green Guarantee Company: Along with the UK Government, the Green Climate Fund, and Prosper Africa, we plan to provide seed funding for the world’s first credit guarantor dedicated to climate solutions in the developing world, systematically de-risk and effectively unlock scale-level private investments in climate solutions through the power of global capital markets. Starting with some of the largest emerging economies such as Brazil and India to economies such as Rwanda and Tanzania, and small island developing states such as Trinidad and Tobago, we are helping to issue green bonds and loans in emerging and frontier markets, and equipping borrowers to acquire climate resilient infrastructure.
- Global Alliance for Trade Facilitation: We anticipate providing additional resources to facilitate trade in burgeoning democracies like Zambia, Malawi, Ecuador, and the Dominican Republic to address multiple challenges around corruption, economic growth, and market expansion.
- Barbados Blue-Green Bank: With USAID funding and seed funding available from the EDGE Fund, along with co-funding from the Government of Barbados and the Green Climate Fund, we plan to establish a regional financing vehicle to finance projects that will help with climate change mitigation and adaptation, including resilient housing, renewable energy, green transportation, and water conservation.
- Madre de Dios Sustainable Landscapes Initiative: In Peru, we will be supporting ecotourism and shoring up our commitment to locally relevant and sustainable economic growth avenues. With partners Inkaterra Peru and the Smithsonian Center for Conservation and Sustainability, along with Peruvian businesses, we are raising private capital to develop a 200,000 acre sustainable biodiversity corridor in an area facing some of the highest levels of deforestation and illegal gold mining in the Amazon.
- Countering Transnational Corruption Grand Challenge: We plan to double the size of USAID’s initial investment in the Countering Transnational Corruption Grand Challenge to help co-invest in game-changing tools, technology, and approaches that prevent corrupt actors from siphoning off critical resources that should be used for the public good.
The EDGE Fund is one initiative within an Agency-wide reform effort to more effectively pursue enterprise-driven development approaches. The PSE Modernize reform effort works across and within Agency systems and stakeholders to lower barriers for staff and partners to create impact through collaboration. With these reforms, USAID will create a streamlined and productive experience for its partners, reducing hurdles and increasing USAID’s impact through the private sector.
The USAID Enterprises for Development, Growth, and Empowerment (EDGE) Fund is designed to unleash private sector impact on global development challenges. Rather than focus solely on using government dollars to leverage greater private sector investment—the scope of most traditional development finance—the EDGE fund will be used to launch new partnerships that unleash business capabilities and influence commercial operations in the service of advancing development objectives. Past such partnerships have increased the representation of women in corporate supply chains, helped distribute vital medicines to remote communities, and spurred the provision of crucial agricultural inputs to smallholder farmers. These partnerships all benefitted, not solely from private capital, but from private expertise—from a company’s strategic edge in a given domain. EDGE Fund will launch with $50 million dedicated to providing resources to USAID missions and technical offices worldwide on a competitive basis to support these types of groundbreaking partnerships with the private sector to drive more inclusivity, resilience, and shared prosperity.
Which partnership activities are eligible for support?
- The EDGE Fund will support the execution of private sector engagement activities that otherwise would not occur due to budgetary and operational factors within USAID that constrain collaboration with the private sector.
- The EDGE Fund will support concepts and partnership opportunities that advance and leverage core business interests and capabilities that address development challenges and needs.
How can private sector entities become EDGE Fund partners?
The inaugural window for applications to the EDGE Fund has closed. Expressions of Interest submitted which were incorporated into applications from a USAID Mission, Bureau, or Independent Office are currently under review. Decisions will be announced in the coming weeks. Future opportunities for EDGE funding, subject to availability of funds, will be promoted here. We continue, however, to welcome your expressions of interest in collaborating with USAID through use of this EDGE Fund inquiry form.
Additional partnership opportunities
There are many opportunities for businesses to collaborate with USAID across all sectors and areas where we work. Private sector entities interested in sharing initial ideas for collaboration with USAID are encouraged to connect with appropriate USAID staff to discuss partnership opportunities. You can learn more about USAID priorities across our global Missions and technical Offices and Bureaus, and visit the Partner with Us page to explore collaboration opportunities and find relevant contacts across the Agency.
Which private sector entities are eligible to collaborate on a funding request?
- For-profit, commercial entities and their affiliated foundations;
- Financial institutions, investors, and intermediaries;
- Business associations and cooperatives;
- Micro, small, medium and large enterprises that operate in the formal and informal sectors; and
- American, local, regional, and multinational businesses.
For organizations not listed above that are interested in seeking other types of funding from USAID, please visit the https://www.usaid.gov/partner-with-us.
- Private Sector Engagement Modernize
- Private Sector Engagement Points of Contact
- USAID Private Sector Engagement Site
- Private Sector Engagement and Due Diligence
- Other Partnership Opportunities with USAID
At USAID, we recognize the value of engaging the private sector in development and humanitarian assistance to help shape solutions that achieve a sustained impact.
In an increasingly interconnected world, new approaches are required to solve the world’s complex development and humanitarian challenges. The private sector is an engine for growth, creating nine out of ten jobs in the developing world. Working with the private sector is no longer a luxury, but a necessity.
Business is good for development and development is good for business. USAID has a long history of working with the private sector to deliver core business interests that align with USAID development priorities and objectives.
Since 2001, USAID has formed over 2,500 partnerships with non-governmental partners, including more than 1,700 partnerships with the private sector.
Market-Based Solutions for Sustainable Development
Building partnerships with USAID starts with identifying a shared vision of what we want to achieve together, and then building a partnership that taps into our respective strengths.
USAID Partnership & Investment Opportunities
Learn more about ways you can do business or partner with USAID.
- USAID Partnership opportunities. Find out how your company can partner with USAID.
- Private Sector Collaboration Pathway (PSCP)
- PSE EDGE Fund
- Enterprise-Driven Economic Growth
- Global Health
- Food Security: Feed the Future business partnerships
- Global Development Alliance (GDA)
- New Partnerships Initiative (NPI)
- Development Innovation Ventures
- Grand Challenges for Development
- Digital Development and Transformation
- USAID Africa Trade Hubs
- How we collaborate with the private sector
- U.S. Government Partnership Opportunities
Interested in Exploring Other Opportunities for Engagement?
USAID actively seeks to engage companies and investors to explore opportunities to partner with USAID. Please contact the Private Sector Engagement Points of Contact in the country where you would like to work. For specific solicitations across the Agency, visit Search for Opportunities or contact us