USAID-FICCI launches Millennium Alliance

MA – a platform to bring together Indian creativity, expertise and resources to source and intensify innovations being developed and tested in the country.

The U.S. Agency for International Development (USAID) is contributing $7.7 million to the Millennium Alliance (MA), which is being matched by FICCI.

Federation of Indian Chambers of Commerce and Industry (FICCI) unveiled the program website and announced the first call for applications inviting Indian innovators to apply for grant funding to develop and scale their innovations.

The Millennium Alliance will provide social innovators with essential resources such as seed funding, business incubation services, networking opportunities, and technical assistance, and will facilitate their access to equity, debt, and other capital.

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