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About African Diaspora Marketplace

African Diaspora Marketplace, ADM African Diaspora Marketplace About the African Diaspora Marketplace Launched in 2009 by the United States Agency for International Development (USAID) and Western Union, the African Diaspora Marketplace (ADM) aims to encourage sustainable economic growth and employment by supporting African diaspora entrepreneurs. ADM entrepreneurs are individuals with demonstrable connections to or experience in Africa, and who have innovative and high-impact start-ups or established businesses on the continent. About the African Diaspora Marketplace Launched in 2009 by the United States Agency for International Development (USAID) and Western Union, the African Diaspora Marketplace (ADM) aims to encourage sustainable economic growth and employment by supporting African diaspora entrepreneurs. ADM entrepreneurs are individuals with demonstrable connections to or experience in Africa, and who have innovative and high-impact start-ups or established businesses on the continent. ADM is also collaborating with the African Women’s Entrepreneurship Program (AWEP), a network of 1600 women across 22 chapters supported by the U.S. Department of State and USAID. Given the parallel objectives of the two initiatives, this partnership aims to leverage the ADM and AWEP platforms to support women entrepreneurs and encourage their participation in the ADM program. Additionally, in the summer of 2012, Western Union and USAID announced the Libyan Diaspora Marketplace competition (LDM). The Libyan Diaspora Marketplace (LDM) is a continuation of the African Diaspora Marketplace (“ADM”) business plan competition. Applications were accepted from existing businesses as well as start-ups in all sectors. On October 31, 2013. LDM awarded three companies. Halo Automotive, Noour and Rawaabit with matched grants and accompanying technical assistance. Industry sectors represented among the winners include Agribusiness. Information and Communication Technology and Transportation.
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