Opportunity Information: Apply for PAS BUD FY21 NOFO AWE
The Academy for Women Entrepreneurs Hungary 2021 grant opportunity was issued by the U.S. Embassy Budapest, Public Affairs Section (PAS), under the U.S. Department of State, as an open competition for an organization to design and run Hungarys 2021 cohort of the Academy for Women Entrepreneurs (AWE). AWE is a global initiative created by the State Departments Bureau of Educational and Cultural Affairs (ECA) to support women entrepreneurs by strengthening their business knowledge, practical planning skills, and professional networks. The program centerpiece is DreamBuilder, an online business training platform developed through a partnership between Arizona State Universitys Thunderbird School of Management and Freeport-McMoRan. DreamBuilder is intended to help participants translate business ideas into structured plans, learn fundamentals of business operations and growth, better understand financing and capital raising, and build connections with experienced entrepreneurs and business communities.
The project is required to take place in Hungary and serve Hungarian participants, with activities directed at local audiences. The overall goal is economic empowerment for women in Hungary, framed as a way to help create a more stable, secure, and prosperous society. The specific target for this cycle is to engage up to 30 Hungarian women entrepreneurs in an educational program that equips them to develop and advance their business ideas. In practice, this implies a cohort-based training and mentorship style model built around the DreamBuilder curriculum, typically complemented by local programming such as workshops, speaker sessions, coaching, peer learning, and opportunities to connect with wider entrepreneurial networks.
This funding opportunity is discretionary and uses a cooperative agreement, meaning the awardee would be expected to coordinate closely with the U.S. Mission to Hungary during implementation rather than operating completely independently. The opportunity number is PAS BUD FY21 NOFO AWE. The issuing agency is the Department of State, U.S. Mission to Hungary, and the CFDA numbers listed are 19.022 and 19.040. Eligibility is broad across education and nonprofit sectors, including public and state-controlled institutions of higher education, private institutions of higher education, and nonprofit organizations both with and without U.S. IRS 501(c)(3) status (as specified in the notice). The opportunity was created on December 15, 2020, with an original application deadline of January 17, 2021. The program anticipated making one award, with a maximum funding level (award ceiling) of $66,600.
Additional reference information about AWE is provided by ECA at https://eca.state.gov/awe, and the Hungary-specific solicitation focuses on selecting one implementing partner capable of recruiting and supporting the cohort, delivering the DreamBuilder-based learning experience, and ensuring the participants leave with stronger business plans, improved readiness to seek capital, and expanded professional networks within Hungary.Apply for PAS BUD FY21 NOFO AWE
- The Department of State, U.S. Mission to Hungary in the other (see text field entitled explanation of other category of funding activity for clarification) sector is offering a public funding opportunity titled "Academy for Women Entrepreneurs Hungary 2021" and is now available to receive applicants.
- Interested and eligible applicants and submit their applications by referencing the CFDA number(s): 19.022, 19.040.
- This funding opportunity was created on Dec 15, 2020.
- Applicants must submit their applications by Jan 17, 2021. (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 $66,600.00 in funding.
- The number of recipients for this funding is limited to 1 candidate(s).
- Eligible applicants include: Public and State controlled institutions of higher education, Nonprofits having a 501(c)(3) status with the IRS, other than institutions of higher education, Nonprofits that do not have a 501(c)(3) status with the IRS, other than institutions of higher education, Private institutions of higher education.
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