Opportunity Information: Apply for 72067022RFA00001
The Libya Economic Acceleration Project (LEAP / Aqfuz) is a competitive USAID funding opportunity designed to support business and commerce-related activities that accelerate economic growth in Libya. USAID plans to make up to one award, meaning the program is structured as a single, larger project implemented by one lead organization (which may still work through partners and subrecipients). The award is planned as a cooperative agreement, which typically indicates substantial involvement by USAID during implementation, such as close coordination on work planning, technical direction, monitoring, and key deliverables. The opportunity is discretionary, and any award is explicitly dependent on the availability of funds, as well as the applicant performing well under the merit review criteria laid out in the Notice of Funding Opportunity (NOFO) and successfully passing a risk assessment.
Financially, the opportunity has an award ceiling of up to USD 15,000,000, with an expected total of one award. The funding is associated with CFDA number 98.001 and is administered by the U.S. Agency for International Development (USAID), with the listing showing USAID - Frankfurt (Germany) as the issuing office. Because it is a cooperative agreement rather than a contract, applicants are generally expected to propose a results-driven development approach with clear objectives, measurable outcomes, and strong monitoring and evaluation practices, while also demonstrating organizational capacity to manage U.S. government funds and comply with USAID rules and reporting requirements.
Eligibility is listed as unrestricted, meaning the solicitation is broadly open to many types of entities (for example, nonprofits, for-profits, universities, and potentially international organizations), subject to any additional eligibility conditions described in the NOFO itself. In practice, applicants typically need to demonstrate relevant technical experience, an understanding of the local economic context, strong financial and compliance systems, and an implementation model that fits USAID expectations for accountability and impact. Since only one award is anticipated, the competition is likely to emphasize the strength of the proposed strategy, the feasibility of implementation, the qualifications of key personnel, the depth of local engagement, and the ability to manage risk in a complex environment.
Key dates for the opportunity are clearly defined. The solicitation was created on April 20, 2022. The deadline for submitting questions was May 2, 2022 at 5:00 PM U.S. Eastern Time, and the deadline for submitting concept papers was May 17, 2022 at 5:00 PM U.S. Eastern Time. The use of a concept paper deadline indicates a staged application process, where USAID first reviews shorter initial submissions before potentially inviting more detailed applications from the most promising applicants, depending on the procedures outlined in the NOFO. The official NOFO document is referenced as being available under the "Related Documents" tab, which would contain the full set of requirements, submission instructions, evaluation criteria, and any mandatory programmatic or compliance-related provisions.
In short, LEAP / Aqfuz is a sizable USAID cooperative agreement opportunity, capped at $15 million, aimed at catalyzing economic acceleration through business and commerce interventions in Libya. It is open to a wide range of applicants, but highly competitive due to the expectation of only one award, and it requires adherence to USAID review criteria and a satisfactory risk assessment before funding can be issued.Apply for 72067022RFA00001
- The Agency for International Development, Germany USAID - Frankfurt in the business and commerce sector is offering a public funding opportunity titled "Libya Economic Acceleration Project (LEAP / Aqfuz)" and is now available to receive applicants.
- Interested and eligible applicants and submit their applications by referencing the CFDA number(s): 98.001.
- This funding opportunity was created on Apr 20, 2022.
- Applicants must submit their applications by May 17, 2022 The deadline for QUESTIONS is May 2, 2022 at 1700 (500 PM) United States Eastern Standard Time (US EST). The closing date and time for CONCEPT PAPERS is May 17, 2022 at 1700 (500 PM) US EST.. (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 $15,000,000.00 in funding.
- The number of recipients for this funding is limited to 1 candidate(s).
- Eligible applicants include: Unrestricted (i.e., open to any type of entity above), subject to any clarification in text field entitled Additional Information on Eligibility.
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FAQs: Libya Economic Acceleration Project (LEAP / Aqfuz) - USAID
What is the Libya Economic Acceleration Project (LEAP / Aqfuz)?
LEAP / Aqfuz is a competitive USAID funding opportunity intended to support business- and commerce-related activities that accelerate economic growth in Libya.
What type of funding mechanism is planned for this opportunity?
The award is planned as a cooperative agreement. This generally implies substantial involvement by USAID during implementation, including close coordination on work planning, technical direction, monitoring, and key deliverables.
How many awards does USAID plan to make under this opportunity?
USAID plans to make up to one award. The program is structured as a single, larger project implemented by one lead organization, which may still work through partners and subrecipients.
What is the maximum funding amount available?
The award ceiling is up to USD 15,000,000.
Is the award guaranteed once selected?
No. The opportunity is discretionary, and any award is explicitly dependent on the availability of funds, the applicant performing well under the merit review criteria in the NOFO, and the applicant successfully passing a risk assessment.
Who is the funding agency for LEAP / Aqfuz?
The funding agency is the U.S. Agency for International Development (USAID).
Which office is listed as the issuing office for this opportunity?
The listing shows USAID - Frankfurt (Germany) as the issuing office.
What is the CFDA number associated with this funding opportunity?
The funding is associated with CFDA number 98.001.
What kinds of activities does this opportunity aim to support?
The opportunity is designed to support business and commerce-related activities that catalyze economic acceleration and growth in Libya.
What does "unrestricted eligibility" mean for applicants?
Eligibility is listed as unrestricted, meaning the solicitation is broadly open to many types of entities (such as nonprofits, for-profits, universities, and potentially international organizations), subject to any additional eligibility conditions described in the NOFO.
What kinds of capabilities are applicants generally expected to demonstrate?
Based on the opportunity description, applicants are generally expected to demonstrate relevant technical experience, an understanding of the local economic context, strong financial and compliance systems, and an implementation model aligned with USAID expectations for accountability and impact.
Why is this opportunity considered highly competitive?
It is likely to be highly competitive because only one award is anticipated. The competition is expected to emphasize the strength of the proposed strategy, feasibility of implementation, qualifications of key personnel, depth of local engagement, and the ability to manage risk in a complex environment.
What is the application process described in the opportunity summary?
The presence of a concept paper deadline indicates a staged process. USAID first reviews shorter initial submissions (concept papers) and may invite more detailed applications from the most promising applicants, depending on the procedures in the NOFO.
When was the solicitation created?
The solicitation was created on April 20, 2022.
What was the deadline for submitting questions?
The deadline for submitting questions was May 2, 2022 at 5:00 PM U.S. Eastern Time.
What was the deadline for submitting concept papers?
The deadline for submitting concept papers was May 17, 2022 at 5:00 PM U.S. Eastern Time.
Where are the full requirements and submission instructions located?
The official NOFO document is referenced as being available under the "Related Documents" tab. It is described as containing the full set of requirements, submission instructions, evaluation criteria, and any mandatory programmatic or compliance-related provisions.
What are the main factors that determine whether an award can be issued?
An award depends on (1) the availability of funds, (2) strong performance under the merit review criteria described in the NOFO, and (3) successfully passing a risk assessment.
What does USAID involvement typically look like under a cooperative agreement?
The summary indicates substantial involvement by USAID, such as close coordination on work planning, technical direction, monitoring, and agreement on key deliverables during implementation.
Can the lead organization work with partners or subrecipients?
Yes. While USAID anticipates one award to one lead organization, the lead may still implement through partners and subrecipients.
What is expected in terms of program design and measurement?
Because it is a cooperative agreement, applicants are generally expected to propose a results-driven development approach with clear objectives, measurable outcomes, and strong monitoring and evaluation practices.
What organizational responsibilities are implied by the opportunity description?
The description emphasizes demonstrating the capacity to manage U.S. government funds and comply with USAID rules and reporting requirements, alongside the ability to operate accountably and manage risk.
What is the overall goal of LEAP / Aqfuz in one sentence?
LEAP / Aqfuz aims to catalyze economic acceleration in Libya through scalable business and commerce interventions under a sizable USAID cooperative agreement capped at $15 million.
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