BUYUSA.GOV -- U.S. Commercial Service

European Bank for Reconstruction and Development

Technical Cooperation Funds

The United States is one of the most generous supporters of EBRD's Technical Cooperation Funds Program. These grants finance consultants working in support of the transition to market economy in the EBRD’s countries of operations. The main focus of U.S. Technical Cooperation funding has been to support the development of micro, small, and medium sized enterprises through the U.S. EBRD SME Facility.

To date, the United States has provided over $100 million in Technical Cooperation grant funds as detailed below.

Fund Amount
USA Fund (closed 1996) $1,147,407
US Trade & Development Agency Evergreen $10,237,772
Regional Venture Fund for Lower Volga $20,000,000
US Advisors Fund (USAID) $2,335,465
US EBRD SME Facility $26,058,091
Project specific assignments $8,987,634
Russia Small Business Fund $31,399,300

The U.S. Trade and Development Agency (USTDA) fund has provided a great deal of assistance in project preparation for infrastructure operations. USAID funds have focused on municipal infrastructure, legal transition, small enterprise support, and warehouse receipts programs.