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72016923GR00001

Project Grant

Overview

Grant Description
Usaid/Serbia aims to support the establishment of an investment vehicle (the Fund) that will focus on financing innovative products and services in the media, information, and communications sectors in the West Balkans region.

To do so, Usaid will issue a grant to support a Fund that will make investments in products and services that directly or indirectly increase citizens’ ability to access information or increase critical thinking skills with a focus on, but not exclusively, to support:

A) Small and medium-sized enterprises; new and existing companies that provide media, information and communications services;

B) Industry stakeholders, including entrepreneurs, that develop supporting technological infrastructure and architecture, or increase innovation in the media, information and communications space for consumers and businesses; and

C) Personal and organizational ability to safely and securely utilize digital technologies and platforms.
Funding Goals
NOT APPLICABLE
Awarding / Funding Agency
Place of Performance
Serbia
Geographic Scope
Foreign
Analysis Notes
Termination This project grant was reported on the Department of Government Efficiency (DOGE) partial or complete termation list as of its last report October 2025. See All
Amendment Since initial award the total obligations have increased 8% from $12,000,000 to $13,000,000.
Media Development Investment Fund was awarded USAID Grant: Establishing Media Investment Fund in West Balkans Project Grant 72016923GR00001 worth $5,000,000 from U.S. Mission to Serbia in October 2023 with work to be completed primarily in Serbia. The grant has a duration of 5 years and was awarded through assistance program 98.001 USAID Foreign Assistance for Programs Overseas. $8,000,000 (62.0%) of this Project Grant was funded by non-federal sources. The Project Grant was awarded through grant opportunity Innovation and Media Fund Activity in Serbia.

Status
(Ongoing)

Last Modified 1/13/25

Period of Performance
10/1/23
Start Date
9/30/28
End Date
45.0% Complete

Funding Split
$5.0M
Federal Obligation
$8.0M
Non-Federal Obligation
$13.0M
Total Obligated
38.0% Federal Funding
62.0% Non-Federal Funding

Activity Timeline

Interactive chart of timeline of amendments to 72016923GR00001

Transaction History

Modifications to 72016923GR00001

Additional Detail

Award ID FAIN
72016923GR00001
SAI Number
72016923GR00001-P001
Award ID URI
SAI NOT AVAILABLE
Awardee Classifications
Nonprofit With 501(c)(3) IRS Status (Other Than An Institution Of Higher Education)
Awarding Office
720169 USAID/SERBIA
Funding Office
720169 USAID/SERBIA
Awardee UEI
RBMFXGMQM4F5
Awardee CAGE
9F229
Performance District
Not Applicable

Budget Funding

Federal Account Budget Subfunction Object Class Total Percentage
Assistance for Europe, Eurasia, and Central Asia, Funds Appropriated to the President, US Agency for International Development (072-0306) International development and humanitarian assistance Grants, subsidies, and contributions (41.0) $4,000,000 100%
Modified: 1/13/25