Apply for Funds for MSME in ASEAN Member States February 2025: Complete Information on Eligibility Criteria and How to Apply

Introduction: Apply for Funds for MSME in ASEAN Member States February 2025, The U.S. Department of State, through its U.S.-ASEAN Smart Cities Partnership (USASCP), is thrilled to introduce the Smart Cities Business Innovation Fund 2.0. This initiative targets micro, small, and medium enterprises (MSMEs) across ASEAN member states that are spearheading innovative, carbon-neutral solutions to address urban challenges.

To foster stronger ASEAN-Singapore collaborations, applicants can choose to apply alongside a Singapore-based partner. These partners may receive additional support from Enterprise Singapore, an agency under the Ministry of Trade and Industry that supports enterprise growth, further boosting project funding and expanding impact.

Eligible ASEAN organizations can apply independently through Track 1, or join forces with a Singaporean partner under Track 2 for enhanced funding opportunities. Interested parties can apply before the deadline closes on 15^th February 2025.

Last Date of Application: 15^th February 2025

Grant Range: US $200,000.00 to $400,000.00.

Topics for Projects

(Apply for Funds for MSME in ASEAN Member States February 2025)

Examples of topics include, but are not limited to:

• Nature-based solutions, (e.g., life sciences, biotech, ecosystem-based adaptation, green infrastructure, etc.).
• Smart sustainable cities development, AI, and digital tools.
• Sustainable urban solutions (e.g., waste management, waste valorization/upcycling, housing, health, transportation, and mobility) .
• Renewable energy.
• Negative emissions technologies.
• Decentralized solutions.
• Disaster risk reduction and resilience.
• Social business.

Funding Details (Apply for Funds for MSME in ASEAN Member States February 2025)

Expected Funding Range: USD $200,000 to $400,000

Project Duration: 24 to 36 months

Eligibility Criteria (Apply for Funds for MSME in ASEAN Member States February 2025)

Eligible applicants for the application are ASEAN entities, a legally registered ASEAN company, NGO, and/or university in an ASEAN Member State (Brunei, Cambodia, Indonesia, Lao PDR, Malaysia, Myanmar, Philippines, Singapore, Thailand, and Viet Nam) with at least 51% ASEAN ownership.

Track 1

• City governments are eligible to join the project application and provide problem statements or in-kind support but will not be funded by SEI. The target audience for project implementation will be ASEAN grant recipients.
• Applicants can apply individually or with additional ASEAN partners to form a consortium.
• S. companies and U.S. entities operating in ASEAN and/or with interests in the region are eligible to join the project application and provide problem statements or in-kind support but will not be funded by SEI.

Track 2

For ASEAN entities

• Applicants can apply as a singular entity in partnership with a Singaporean company or they can apply as a consortium in partnership with a Singaporean company.
• City governments can join the project application and provide problem statements or in-kind support but will not be funded by EnterpriseSG or SEI. The target audience for project implementation will be ASEAN grant recipients.

The following ASEAN countries are eligible to apply:

Brunei, Cambodia, Indonesia, Lao PDR, Malaysia, Myanmar, Philippines, Thailand, and Viet Nam

Singapore.

• For Singapore companies The Singapore partner must meet all the following criteria:
• be a business entity that is registered and physically present and operates in Singapore,
• more than or equal to 30% local equity held directly or indirectly by Singaporean(s)/Singapore PR(s), determined by the ultimate individual ownership, and
• be financially able to see the project through to completion for the specified period of performance.

For U.S. companies and entities (universities, NGOs)

U.S. companies and U.S. entities operating in ASEAN and/or with interests in the region are encouraged join the project application with an eligible ASEAN entity through in-kind support but will not receive funding from SEI.

Application Deadline

Track 1: January 15, 2025.

Track 2: February 15, 2025.

How to Apply?

• Go to the link provided below and search for Track 1 and Track 2 Application buttons
• Select the desired Track and hit apply
• Go here

Get full access to the grant information, visit the Official Website Link

Hey, STEAL our Best Premium Content For Absolutely Free, Check Out the Links below

HOPE these will add value to your existing skills and knowledge

Our information bears no cost (it’s absolutely FREE), don’t let valuable information slip away.

Join our community of avid readers who are always in the know. Subscribe to our website; stay connected and engaged with the latest news, trends, and developments by subscribing today.

(PUSH the bell ICON)

Leverage the power of knowledge to propel your organization to new heights. Don’t miss out to explore our content

1. Latest Funds for NGOs,
2. NGO Jobs
3. Resources (Helpful Guides and Courses)
4. Premium Resources
5. NGO related articles

Empowering Humanity through Funds, Resources and Collective Action

Sharing is Appreciated