• Phil-Am Fund supports innovative projects for dev’t


    In pursuit of its commitment to help the Philippines achieve broad-based and inclusive growth, the US Embassy Manila’s United States Agency for International Development (USAid) launched the Philippine-American (Phil-Am) Fund, a five-year, P984 million ($24 million) grant-making facility that will support Filipino organizations to implement innovative solutions to address the country’s development challenges.

    Ambassador Harry Thomas Jr. said, “I am very pleased to be a part of this exciting and innovative project that will help advance our shared vision of broad-based and inclusive growth under the Partnership for Growth Initiative. Under the PFG [Partnership for Growth], our governments are committed to work together to achieve inclusive economic growth in the Philippines.”

    The Phil-Am Fund will support civil society efforts that complement the targeted technical assistance the US government is providing through other projects under the PFG. xGrants will cover five areas: promotion of new businesses and entrepreneurship, governance, combating trafficking in persons, adult literacy through innovative uses of technology, and biodiversity conservation.

    “We are working in partnership with the Philippine Government, the private sector and civil society organizations to help put the Philippines on an accelerated growth path that benefits the majority of its population. The Phil-Am Fund will help us reach this goal,” USAid Mission Director Gloria Steele said.

    Implemented by the Gerry Roxas Foundation, Victoria Garchitorena is the Chief of Party. The fund is open to all non-state institutions, which include qualified Philippine private, for-profit, non-profit organizations, and NGOs including universities, research institutions, professional associations, faith-based and community organizations and other relevant groups.

    The Phil-Am Fund is one of the projects under the Partnership for Growth, a White House initiative. PFG is a whole-of-government effort emerging from the US Presidential Policy Directive on Global Development, which focuses on fostering economic growth in countries committed to good governance.

    For information on how to apply, visit www.usaid.gov/philippines.


    Please follow our commenting guidelines.

    Comments are closed.