Categories: EDUCATION

Need Business Funding? Apply To USTDA

<p><em>Need business funding&quest; USTDA is available for you<&sol;em><br &sol;>&NewLine;<strong><a href&equals;"https&colon;&sol;&sol;openlife&period;ng&sol;">OpenLife Nigeria<&sol;a> <&sol;strong>reports that as USTDA supports clean energy access&comma; women’s entrepreneurship in Nigeria&comma; there are more opportunities for budding entrepreneurs who need funding for their various initiatives&period;<br &sol;>&NewLine;In this regards&comma; businesses interested in submitting proposals for the USTDA-funded feasibility study should visit and apply via <a href&equals;"https&colon;&sol;&sol;ustda&period;gov&sol;business&lowbar;opp&lowbar;oversea&sol;nigeria-sosai-sustainable-minigrids-for-energy-access-and-social-inclusion-project&sol;">https&colon;&sol;&sol;ustda&period;gov&sol;business&lowbar;opp&lowbar;oversea&sol;nigeria-sosai-sustainable-minigrids-for-energy-access-and-social-inclusion-project&sol;&period;<&sol;a><br &sol;>&NewLine;Among other terms and conditions&comma; proposals&comma; according to USTDA&comma; are due April 16&comma; 2021 at 11&colon;00 EDT &sol; 17&colon;00 WAT&period;<&sol;p>&NewLine;<p>Meanwhile&comma; OpenLife gathered that the U&period;S Trade and Development Agency announced a grant to Nigeria’s Sosai Renewable Energies Company for a feasibility study to connect more than 200&comma;000 women&comma; farmers&comma; and rural citizens to new solar-powered minigrids in Kaduna&comma; Kogi and Plateau states&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;USTDA is committed to promoting inclusive economic development&comma; and bringing clean energy solutions to rural communities is an important component of our approach&comma;” said Enoh T&period; Ebong&comma; USTDA’s Acting Director&period; &OpenCurlyDoubleQuote;Women entrepreneurs like &lbrack;Sosai CEO&rsqb; Habiba Ali are setting a vision for Nigeria’s energy future that USTDA enthusiastically supports&period;”<&sol;p>&NewLine;<p>The USTDA-funded feasibility study will include site surveys&comma; preliminary engineering&comma; economic and financial analyses and an assessment of the project’s likely developmental impacts on rural women&period; USTDA’s study also will create business opportunities for U&period;S&period; equipment and services suppliers in Nigeria’s minigrid sector&comma; while supporting up to 20 megawatts of new solar power in rural communities&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;This announcement is emblematic of the U&period;S&period;-Nigeria relationship as the USTDA grant supports the development of energy for productive use and promotes inclusion for women and rural dwellers&period; Working together&comma; we can solve today’s greatest challenges through projects like this&comma;” said Mary Beth Leonard&comma; U&period;S&period; Ambassador to the Federal Republic of Nigeria&period;<&sol;p>&NewLine;<p>Sosai CEO&comma; Habiba Ali added&colon; &OpenCurlyDoubleQuote;This USTDA grant will support a huge step forward for Nigeria in meeting its rural electrification goals as well as kick-start life changing projects for communities&comma; women&comma; economic development and the agricultural sector&period; For Sosai&comma; the benefit of the USTDA grant to our company is immense&comma; positioning us for greater growth and greater possibilities in the future&period;”<&sol;p>&NewLine;<p>This project supports the U&period;S&period; government’s Power Africa and Prosper Africa Initiatives&comma; President Biden’s Executive Order on Tackling the Climate Crisis at Home and Abroad and the global &OpenCurlyDoubleQuote;2X Challenge” – an initiative by development finance institutions to invest in and create inclusive opportunities for women&period;<&sol;p>&NewLine;<p>In Nigeria&comma; USTDA has supported the successful roll-out of minigrids and microgrids in rural and peri-urban communities using U&period;S&period; technology&period; The Agency has an active portfolio of three other ongoing solar minigrid activities in Nigeria&period; Collectively&comma; we expect these projects to support energy access for over 66&comma;000 households in Nigeria and help Nigeria meet its goal of universal electrification&period;<&sol;p>&NewLine;

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