The Emerging Markets Development Advisers Program (EMDAP) is a cooperative effort between the U.S. Agency for International Development (USAID) and the Institute of International Education (IIE) and is now also available to USAID Missions and their partners under the Volunteers for Economic Growth Alliance (VEGA).
The Volunteers in Economic Growth Alliance (VEGA) is a 501 (c)(3) non profit organization, founded in 2004 through a Leader with Associate (LWA) cooperative agreement, as a vehicle to allow USAID Economic Growth Officers to reach out to organizations providing technical experts in private, public and NGO sector development. VEGA is the world's largest consortium of economic growth volunteer organizations that collectively have assisted 140 developing and transitional countries by sending out more than 25,000 experts/advisers to help promote economic growth activities over the last 40 years. VEGA has a credible track record of delivering economic development programs with sustainable solutions throughout the developing world. Since its inception in 2004, USAID funding of $4 million for VEGA has resulted in global program worth more than $140 million.
The VEGA Advantage:
- The VEGA LWA has been extended until 2014.
- There is no award ceiling.
- Programs awarded under the VEGA LWA can continue for five years beyond the 2014 LWA end-date.
- The VEGA LWA requires an internal competition among the member organizations, a unique asset compared to other LWA mechanisms.