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Millennium Challenge Account Support
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Millennium International Consulting (MIC), founded in 2003, provides technical services to
eligible countries seeking funding under the Millennium Challenge Account (MCA). Successful award
of MCA funds is enacted with a formal "compact agreement" between the Millennium Challenge
Corporation (MCC) and the recipient country. MIC is available
to develop a reform program which forms the basis of the compact agreement. In addition, we support
your country’s negotiations with Millennium Challenge Corporation staff to secure funding. We can
also propose ways to leverage MCA funding to attract additional, third-party funds and provide
advice on reforms.
The qualifications of our principal owners and partners are the many years of successfully obtaining
hundreds of millions of dollars in U.S. grant and loan funds from the U.S. Agency for International Development
(USAID), U.S. Export-Import Bank (Eximbank), the Overseas Private Investment Corporation (OPIC), the Trade
Development Agency (TDA), the World Bank and other agencies.
Millennium partners have served in senior political positions in the Reagan and Bush administrations at
AID, OPIC, the World Bank and other development institutions. Not only do we understand the issues but we
also know the people making the decisions today. Two of our principal owners wrote Development and the
National Interest in 1989 for then USAID Administrator, Alan Woods. This study advocated increased U.S. foreign economic assistance to countries demonstrating (by measurable performance
indicators) stronger gains in democratic government and movements towards market-oriented economies.
Much of the work from this study became the basis for the subsequent Wall Street Journal/Heritage
Index of Economic Freedom which is currently one of the primary sources of MCC’s eligibility criteria.
Since 16 countries met the eligibility requirements for the Millennium Challenge Account in FY 2004
only five (Cape Verde, Georgia, Honduras, Madagascar and Nicaragua) have completed compact agreements
with the Millennium Challenge Corporation. One additional country, Morocco was added in FY 2005 and
recently five more (Burkina Faso, East Timor, the Gambia, Namibia, and Tanzania) were added for FY
2006. The process is highly competitive and requires focused attention and additional resources to
develop an original reform program that can be successfully negotiated with MCC staff and win the
competition for funding. MCC eligible countries may propose their own program drawing upon ideas
from civil society, government and the public. The opportunity exists for countries to set its own
goals and priorities. The proposal must, however, be original and outstanding to merit funding.
MIC provides a number of flexible services to assist eligible countries in the MCA funding process. These services include:
- Design Reform Program: Providing analysis of reform efforts and making recommendations to design
a reform program proposal that will be acceptable to MCC staff. This analysis is implemeneted by our technical experts
in education, economics, finance, and law.
- Strategy Development: Developing a strategy that is flexible and responsive to MCC staff while focusing on
closing a compact agreement that will result in MCA funding. MCA funding will be reviewed annually under the
"compact agreement" process. Therefore, MIC's goal is to work cloesly
with eligible governments to develop realistic and managable reform commitments.
- Negotiation Support:Final closure of MCA compacts generally involve extensive
negotiations. MIC can offer support or direct negotiations between countries and MCC.
- Public Relations Support:
Working directly with our partners in the international public relations industry, MIC can design valuable
public relations strategies utilizing media and direct communication to support your bid for MCA funding.
- Leveraging MCA: An innovative reform program needs to consider how to leverage other public and
private funds
from other U.S. Government agencies such as Eximbank or OPIC, other donors, and foreign investors. We have
significant experience in this area and can provide ideas, design programs and find partners.
MIC will work with MCA eligible countries to develop a compact proposal. The fees for our services
are negotiable depending on the level of our involvement. We also require pre-payment or reimbursement
of travel and other reasonable business expenses.
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