WBD to Support the Implementation of USAID Private Sector Engagement Policy
March 12, 2020
USAID awards contract for services in D.C. and globally
WASHINGTON — The United States Agency for International Development (USAID) has awarded a contract to Washington Business Dynamics (WBD) and its teaming partners, Booz Allen Hamilton and Planet Partnerships, to manage its new Private-Sector Support Mechanism. The five-year, $33 million contract will support USAID in implementing its flagship Private Sector Engagement Policy, announced by Administrator Mark Green in December 2018.
USAID’s Private Sector Engagement policy helps mobilize private capital to accelerate countries’ “Journey to Self-Reliance” by financing their own development. Through the new Private-Sector Support Mechanism, WBD and its partners will provide technical assistance, data analytics, communications, conference support, and training on private-sector engagement approaches to USAID headquarters and mission staff worldwide.
“USAID’s new Private-Sector Engagement Policy places USAID and its industry partners at the forefront of innovation in international development,” said WBD President Scott Caldwell. “WBD is excited to partner with USAID in harnessing the power and creativity of the private sector across the Agency’s technical areas and geographies.”
USAID is the world’s premier international development agency. It advances U.S. national security by providing development assistance to help partner countries on their own journey to self-reliance, helping lift lives, build communities and foster self-sufficiency along the way.
In addition to USAID, WBD supports clients at the Department of Defense, Department of Treasury and Millennium Challenge Corporation with program management, strategic communications, economic analysis and acquisition support services.