The Global Innovation Fund is open for social innovations that aim to improve the lives and opportunities of millions of people.
Funding structure:
- Pilot: Early state innovation project. Looking for testing core assumptions and financial viability (Maximum amount per project is US$230,000).
- Test and Transition: The innovation project has completed initial testing and is now transitioning to a larger scale(The maximum amount per project is $2.3 million)
- Scale: The innovation project has solid operational, social and financial viability. The project has improved the lives of those living on less than $5 PPP per day. You want to replicate the project in new countries( Maximum amount per project is $15 million)
Who is Eligibility: Private companies, NGOs, Institutions and government agencies.
Location: Developing countries