CAN BE
ALTERNATIVE
INVESTMENT

CDC-RFA-PW-24-00800101SUPP24
Centers for Disease Control-PHIC
Opening date 26 Jul 2024, 12:00AM
Closing date 26 Aug 2024, 12:00AM
Funding Opportunity Number: CDC-RFA-PW-24-00800101SUPP24
Opportunity Category: Discretionary
Expected Number of Awards: 48
CFDA Number(s): 93.421 -- Strengthening Public Health Systems and Services through National Partnerships to Improve and Protect the Nation���s Health
Cost Sharing or Matching Requirement: No
Posted Date: Jul 26, 2024 12:00:00 AM EDT
Closing Date: Aug 26, 2024 12:00:00 AM EDT
Closing Date Details: Electronically submitted applications must be submitted no later than 11:59 pm ET on the listed application due date.
Eligible Applicants: City or township governments,County governments,Native American tribal governments (Federally recognized),Nonprofits having a 501(c)(3) status with the IRS, other than institutions of higher education,Private institutions of higher education,Others (see text field entitled "Additional Information on Eligibility" for clarification),Native American tribal organizations (other than Federally recognized tribal governments),State governments,Public and State controlled institutions of higher education,Nonprofits that do not have a 501(c)(3) status with the IRS, other than institutions of higher education
Additional Information on Eligibility: • Nonprofits having a 501(c)(6) status with the IRS are also eligible
Agency Name: Centers for Disease Control-PHIC
Description: The purpose of this notice of funding opportunity (NOFO) is to announce the availability of supplemental funding for the organizations that were previously awarded funding under Funding Strategy 1 of CDC-RFA-PW-24-0080: Strengthening Public Health Systems and Services through National Partnerships to Improve and Protect the Nation's Health. This supplemental opportunity is the “Funding Strategy 2: Project Plans” highlighted on page 12 of 51 in the initial Notice of Funding Opportunity, CDC-RFA-PW24-0080. Per the initial NOFO, organizations will submit “Work Plans in Response to Project Plans” and budgets that align with the population of focus category and selected population of focus ONLY for which they were awarded funding under Funding Strategy 1. Applications received that do not align with the population of focus of initial award will be deemed non-responsive and will not be considered.The CDC-RFA-PW-24-0080 recipients are eligible to submit applications for new FY24 CIO Project Plans that match the Population of Focus Category (A, B, or C) and Population of Focus Description for which they received initial funding in FY24. This supplemental funding opportunity enables recipients to engage in capacity-building assistance (CBA) priorities as identified in the CIO Project Plans attached to this publication. Recipients may refer to their Funding Strategy 1 Notice of Award to determine the Category and Population of Focus they’re approved to build capacity for under this supplemental opportunity.CBA is defined as activities that strengthen and maintain the infrastructure and resources necessary to sustain or improve system, organizational, community, or individual processes and competencies. CBA is delivered through technical assistance, training, information sharing, technology transfer, or materials development that enables organizations to operate in a comprehensive, responsive, and effective manner. The goal is to fund organizations that have the capability, expertise, resources, and national reach to support public health infrastructure and workforce needs. Recipients will be expected to implement CBA activities in one or more of the strategic areas prioritized under this cooperative agreement: organizational capacity and performance improvement; workforce; data modernization, informatics and information technology; partnership development and engagement; and policy and programs. And all funded activities must build capacity of the approved population of focus outlined in the recipient’s Funding Strategy 1 Notice of Award.
Grantor Contact Information: Caroline Sulal NationalPartnersCoAg@cdc.gov
Value Ad helps new businesses save 50% to 80% on essential services like marketing and
development. These savings act as an alternative investment, fueling growth.
Service providers gain valuable initial customers, helping them grow and attract investment.
It's a win-win for everyone!
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What is Value Ad?
Value Ad is an innovative policy designed to foster a mutually beneficial relationship between two key groups: new businesses and service providers. This policy helps startups save significantly on essential services while enabling service providers to gain valuable traction and growth opportunities.
How is it a Win-Win Deal?
For New Businesses:
Cost Savings: Startups can save 50% to 80% on essential services such as website development and marketing. This means they don’t need to invest heavily upfront, making it easier to launch and grow their business.
Alternative Investment: The money saved through these discounts can be reinvested into other critical areas of the business, acting as an alternative investment that fuels further growth and development.
For Service Providers:
Initial Customer Base: Service providers, often tech startups themselves, can attract a significant number of initial customers by offering their services at a discounted rate. This helps them build traction and demonstrate value, which is crucial for attracting venture capital (VC) funding and other opportunities.
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Alternative Investment for New Businesses:
For new businesses, the significant cost savings achieved through the Value Ad policy effectively serve as an alternative investment. Instead of spending large amounts on website development and marketing, they can leverage the affordable services provided by service providers. The saved funds can be redirected into other strategic areas of the business, enhancing overall growth and sustainability.
Benefits for Service Providers:
Service providers benefit from the Value Ad policy by gaining access to a ready pool of new customers who are drawn by the discounted rates. This initial customer base is crucial for:
Building Traction: Demonstrating product or service viability to potential investors.
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In Summary:
Value Ad is a strategic policy designed to create a win-win scenario for both new businesses and service providers. By offering significant discounts on essential services, startups can save and reinvest those savings, while service providers gain crucial initial customers and market traction. This mutually beneficial arrangement supports the growth and success of both groups, making Value Ad a powerful tool for business development and investment.
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