Application call for Global Innovation Fund 2022. Up to $15 million in funding for organizations worldwide.

The Global Innovation Fund is a non-profit, impact-first investment fund headquartered in London with offices in Washington, D.C. and Nairobi. With the mission to find, fund, and scale-up cost-effective, evidence-based innovations that have the potential to measurably improve the lives of millions of people living on $5 a day or less.

Investing in the development, rigorous testing, and scaling up of new products, services, business process, or policy reforms that are more cost-effective than current practice and targeted at improving the lives of the world’s poorest people.

Funding

The amount of funding available is tiered according to the level  of maturity of your innovation and activities performed. The three tiers are:

• Pilot : Funding is up to USD 230,000 is available to test core assumptions around operational, social and financial viability.
• Test and Transition : Funding is up to USD 2.3 million is available to support further growth and generate additional evidence on whether the innovation can achieve social impact and market viability for commercial innovation.
• Scale : Funding is up to USD 15 million is available to expand and the reach of innovation with the views of reaching millions of people in the long term, if successful.

Eligibility

• Any kind of organization may apply
• Can be based anywhere in the world
• Usually target people living on less than the equivalent of $5 per day in developing countries
• Are especially interested in innovations that impact people living on less that $2 per day
• It is recommended for any individual innovators, entrepreneur or researchers to apply through an affiliated organization.

Application

GIF accepts application on a rolling basis. Their window is always open with no deadlines or rounds of funding.

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