MANILA: The United States Agency for International Development on Monday launched a $24m grant open to non-governmental organisations (NGOs) supporting its initiatives in the Philippines.
The USAID has awarded the Gerry Roxas Foundation a five-year contract to manage and implement the grant facility called the Philippine-American Fund (Phil-Am Fund).
The foundation is one of the oldest institutions in the country, having been established by the late Senator Gerry Roxas in 1958.
The Phil-Am Fund will finance the activities of local NGOs focused on supporting economic growth, good governance and environmental conservation.
“The role of civil society is important to the Philippines. They help Filipinos reach their economic aspirations,” said US Ambassador Harry Thomas Jr during the launch at the Sofitel Philippine Plaza.
The Phil-Am Fund will provide grants to local NGOs that support inclusive and sustainable growth under five broad categories: the development of small and medium enterprises, governance and transparency initiatives, prevention of human trafficking, introduction of innovative solutions to promote literacy and biodiversity conservation. The fund will also build the capacity of grantees through trainings in project and financial management.
The Philippine star
