Call for Projects: Millennium Impact Infrastructure Accelerator Webinar
The Millennium Impact Infrastructure Accelerator (MIIA), conceptualized by the Millennium Challenge Corporation (“MCC”) and Africa50, aims to address the root challenges to project development in emerging markets.
MIIA is an independent infrastructure development platform that provides developing countries and infrastructure developers with a more efficient, sustainable mechanism to identify, develop and finance bankable, sustainable infrastructure in the following sectors: power, transport, ICT, water & sanitation, health and education. MIIA does this through:
- A project preparation facility that sources and develops bankable, high-impact projects from concept to close, and connects them with sources of public and private finance.
- A capacity-building mechanism that launches project preparation facilities in key developing countries to develop smaller-scale and subnational projects; and
- A global knowledge center that builds capacity and appetite among private investors to allocate capital to impactful infrastructure assets.
MCC and Africa50 are currently implementing a proof-of-concept phase which is focused on a project preparation facility in Africa aimed at catalyzing project development to fill the more than USD 100 billion+\ infrastructure investment gap in the continent.
Project Developers, start-ups and entrepreneurs are invited to join the MIIA Webinar for an opportunity to pitch your infrastructure project directly to MIIA in order to accelerate the development of your project. MIIA seeks to support the development of high impact infrastructure projects.
Selected projects will benefit from a pre-feasibility assessment in the next 6 months with potential for follow-on equity from Africa50 and other US Government Agencies such as USTDA and DFC.