Please note that the LEAD Business Plan Competition is now closed for new applications.

 

Are you an entrepreneur in Haiti looking for investments?

New funds are now available from the U.S. Government for the LEAD project (Leveraging Effective Application of Direct Investments), which provides select Haitian businesses access to capital. Implemented by the Pan American Development Foundation (PADF), the program also assists entrepreneurs in implementing their business plans as part of an effort to support long-term economic growth in the region. Funds will be awarded to investment-worthy small and medium sized businesses through a competitive process.


The Business Plan Competition is accepting new applicants between July 20 and August 7, 2015  via an application form that will be available on this site. Winners will receive between USD $50,000 and $200,000 and must raise an equivalent amount in private capital investment for a 1:1 match.

Information sessions will be held in:

St. Marc

July 22 and Aug 4

10:00am–12:00 noon
Jeffell Hotel
St. Marc

 

Cap-Haïtien

July 23 and July 30

2:00–4:00pm
Hotel Roi Christophe
Cap-Haïtien 

 

Port-au-Prince

July 24

11:00am–1:00pm
Hotel Montana
Petion-Ville

Webinar

Aug 3

2:00–4:00pm
Online

 
eligibility process information

Before starting the application process, please review the pre-requisites for participation below. In order to be eligible to apply for the LEAD Business Plan Competition (BPC), you must:

  • Have a business to expand and/or diversify your current business or have a plan to start a new business.
  • Have a business which operates in one or more of the following corridors:
    • PAP (Port-au-Prince, Carrefour, Delmas, Cité Soleil, Tabarre, Pétion-ville, Croix des Bouquets, Kenscoff, Ganthier, Thomazeau)
    • St. Marc (St. Marc, Grande Saline, Arcahaie, Cabaret)
    • Cap-Haïtien (Cap-Haïtien, Bas-Limbé, Limbé, Grande Rivière du Nord, Acul du Nord, Plaine du Nord, Limonade, Trou du Nord, Caracol, Dondon, Bahon, Saint-Raphael, Pignon, Fort Liberté, Ouanaminthe, Quartier Morin, Ferrier, Terrier Rouge, Milot)
  • Be a small or medium size enterprise (SME), defined by having between 5 to 100 employees; If your business is a start-up, you must become an SME within the first six months of operations
  • The amount requested from LEAD can be no less than $50,000 and no more than $200,000. Consider basing your requested amount on your investment needs and on how much you are able to match.
  • Have matching funds equal to or greater than 100 percent of the grant requested (one to one match). The matching funds can be no less than the grant amount requested
  • It is not an immediate requirement for the company to be legally registered in Haiti at the time of the application. However, if you are a finalist for the next round, your business must be registered legally in Haiti by September30, 2015. If the legal documents are not presented at the time the grant is awarded, you will automatically be disqualified.
  • Allow USAID and LEAD to complete due diligence activities.
  • Enterprises will be judged on various criteria including the feasibility of their project, number of jobs created, innovation, and impact on the local economy.
  • The competition has a special focus on women entrepreneurs and job creation in the St. Marc and Cap-Haïtien regions with the goal of helping businesses build capacity, create jobs, and attract additional investment capital.
 
Haiti_map_corridors.png
 

The Business Plan Competition consists of three stages of evaluation:

Initial Application

  • New applicants are invited to submit applications online between July 20 and August 7, 2015
  • Selected Applicants will be notified on August 21, 2015.
 

Business Plan Application

  • Selected applicants from stage 1 will be invited to submit full business plans between August 24 and September 30, 2015.
  • At this stage, LEAD will provide business plan development and technical assistance to all applicants
  • Applicants will undergo a due diligence process and financial review.
  • Selected finalists will be notified on October 7, 2015.

Jury Panel Presentations

  • Finalists from stage 2 will present in front of a jury in December 2015.
  • LEAD will provide technical assistance to all finalists making a presentation
  • Winners will be announced by mid-January 2016.

Please note that dates are subject to change. All affected parties will be notified of date changes throughout the process. 


Contact LEAD by email at leadbpc@padf.org

Please note that we cannot answer emails regarding the status of individual applications, application advice or due dates. All applicants should receive a confirmation email after submitting their application. If you do not receive a confirmation email within 24 hours, please contact us by email at leadbpc@padf.org.

For more information please see the FAQ section or attend one of our upcoming information sessions:

St. Marc

July 22 and Aug 4

10:00am–12 noon
Jeffell Hotel
St. Marc

 

Cap-Haïtien

July 23 and July 30

2:00–4:00pm
Hotel Roi Christophe
Cap-Haïtien 

 

Port-au-Prince

July 24

11:00am–1:00pm
Hotel Montana
Petion-Ville

Webinar

Aug 3

2:00-4:00pm

Online