The State Department explained it expects to provide about $1.5 million for applications submitted in response to the funding opportunity.
Companies are allowed to submit up to two applications and should not ask for less than $100,000 but also for no more than $1 million, the State Department said.
"The DRL announces an open competition for organizations interested in submitting applications for projects that support the policy objective to promote human rights, increase accountability, and foster the free flow of information into, out of, and within the DPRK [North Korea]," the release said on Tuesday.
US- and foreign-based non-profit organizations as well as public international businesses can all compete for the funds, the State Department added.