Opportunity Information: Apply for AWE FY24 ARM 03
The FY24 Academy for Women Entrepreneurs (AWE) grant opportunity, offered by the U.S. Department of State through the U.S. Mission to Armenia, supports programs that expand women entrepreneurs' ability to start or grow businesses by connecting them to skills training, mentoring, and professional networks. AWE is a global initiative launched in 2019 by the Department of State's Bureau of Educational and Cultural Affairs (ECA) to strengthen women's social and economic empowerment by giving participants practical business knowledge, connections, and pathways to opportunity. In Armenia, the program is built around a blended learning model that pairs local coaching and mentoring with the DreamBuilder online entrepreneurship curriculum, which was developed in partnership with Arizona State University's Thunderbird School of Global Management and the Freeport-McMoRan Foundation. The training is designed to be hands-on and business-focused, covering core topics like strategic planning, marketing, and finance, and then reinforcing those lessons through guided discussions led by facilitators such as U.S. government exchange alumni, local business leaders, and other community partners.
A central feature of the opportunity is the cohort-based structure: groups of roughly 30 women participate together through online and in-person sessions, building both competency and community as they move through the curriculum. The program emphasizes peer-to-peer learning and networking among participants, not just during the training period but also after graduation, so that alumni remain connected and can continue sharing resources, referrals, and expertise. The broader intent is to help women entrepreneurs translate training into real business outcomes, including improved business planning, stronger market positioning, more sustainable financial practices, and increased readiness to scale. The opportunity also explicitly aims to contribute to local prosperity and economic growth by strengthening women-led enterprises and the ecosystems that support them.
The grant outlines three main program objectives that applicants should address in their proposed approach. First, it seeks to provide resources for enterprising women, including women displaced from Nagorno-Karabakh, so they can participate in U.S.-style online entrepreneurship education with structured facilitation and mentoring support from exchange alumni and local partners. Second, it prioritizes building networks that help participants access peer mentors, potential business partners, and scaling opportunities, including connections within the region and with businesses in the United States. Third, it focuses on keeping AWE alumni actively engaged through volunteer roles, professional development, and educational opportunities that help them expand their businesses and contribute back to future cohorts and the wider entrepreneurial community.
From an application standpoint, this funding uses a two-step selection process meant to reduce the upfront burden on applicants. The first step is submitting a short Statement of Interest (SOI), limited to 1 to 3 pages, that clearly communicates the applicant's core program idea and objectives. This SOI is not a full proposal; it is screened and reviewed to determine which applicants will be invited to proceed. Only those selected after the SOI merit review will be asked to submit a full proposal, which then goes through a second merit review before a final funding decision is made. The opportunity anticipates making one award, with a maximum funding level (award ceiling) of $40,000, and the funding instrument may be a cooperative agreement or a grant depending on the final structure and level of anticipated involvement.
The notice also stresses the importance of clearly defining participants and audiences. Applicants are expected to specify who their project will serve, including demographic details and an approximate estimate of how many people will be impacted directly through program participation and indirectly through broader spillover effects such as employment, family income stability, local supplier relationships, and community-based mentoring. Key dates listed include an opportunity posting timeframe in late October 2023, with an original closing date of November 26, 2023. Overall, the opportunity is geared toward implementers who can deliver a structured entrepreneurship program for women in Armenia, integrate DreamBuilder with local facilitation, and build durable networks that continue supporting women entrepreneurs well beyond the end of the cohort.Apply for AWE FY24 ARM 03
- The Department of State, U.S. Mission to Armenia in the other (see text field entitled explanation of other category of funding activity for clarification) sector is offering a public funding opportunity titled "FY24 Academy for Women Entrepreneurship" and is now available to receive applicants.
- Interested and eligible applicants and submit their applications by referencing the CFDA number(s): 19.022.
- This funding opportunity was created on Oct 26, 2023.
- Applicants must submit their applications by Nov 26, 2023. (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 $40,000.00 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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