Greetings, The 3rd African Diaspora Marketplace Business Plan Competition is underway and the portal is now open! Remember the ADM will award 15-30 winning businesses with matching partnership grants of up to $50,000. You have a little over a month in which to submit your application. Read the orientation presentation at the Zambia USA Chamber website: Orientation. For additional details about the ADM III business plan competition please visit: diasporamarketplace.org/. In 2011, I worked with the Africa Diaspora Marketplace to promote the ADM II business plan competition. We made an extra effort to promote this opportunity to Zambians. Two Zambian applicants made it to the semi-finals and one of them was successful earned grant support for her business. That company is Mobile Payment Solutions based in Lusaka, Zambia. Mobile Payment Solutions Ltd. is a software company specialized in payment systems, electronic and mobile commerce. MPS has already created UtiliPay Payment Gateway, which allows bills to be presented and paid via mobile phone, internet or ATM, as well as a Mobile Banking Platform, which expands the reach of financial services to mobile phones and allows financial institutions to increase efficiency and expand their geographical reach without high operational costs. MPS is currently working on a Mobile Marketing Platform which will allow insurance companies to present simple micro-insurance products to the client through a mobile handset; communicate with clients; accept electronic payments via the mobile phone; and make payouts using mobile phone companies’ network of agents. The United States Agency for International Development (USAID) and Western Union have launched the third round of the African Diaspora Marketplace business plan competition (ADM III). Successful ADM III applicants will receive a matching grant of up to $50,000 and will have access to technical assistance and other support services. The program started accepting proposals on Monday, December 22, 2014 and will close on Friday, February 13, 2015. Also, Please find attached (and share with your networks) invitations to the African Diaspora Marketplace (ADM) Business Networking Receptions in: Los Angeles (Monday, January 12) Houston (Tuesday, January 13) Atlanta (Wednesday, January 14) These receptions are part of an eight-city tour celebrating ADM III. Senior representatives from USAID, key ADM partner organizations, and past awardees will be on hand to provide further details on the ADM program and the ADM III application process and deadlines. A final reception will be held in the Washington, D.C. area in late January, I will share those invitations when it becomes available.
Posted on: Fri, 09 Jan 2015 16:49:52 +0000
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