Global Innovation Fund for Mission Aligned Development Organizations

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Global Innovation Fund for Mission Aligned Development Organizations in the UK is now accepting applications for the year 2022.

The Global Innovation Fund, or GIF, is an investment instrument that prioritizes social impact. It finds and funds evidence-based innovations in collaboration with mission-aligned development agencies, charities, and other donors. These are innovations that have the potential to improve the lives of millions of the poorest people on the planet.

It complements conventional development aid by taking calculated risks that governmental agencies cannot take using a variety of financing instruments.

Worth of Award:

Pilot: Funding of up to USD 230,000 is available to test core assumptions around operational, social, and financial viability.

Test and transition: Funding of 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 innovations.

Scale: Funding of up to USD 15 million is available to expand the reach of innovations with a view to reaching millions of people in the long term if successful.

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Global Innovation Fund Eligibility

Any form of organization is eligible to apply.
In every country, this comprises social enterprises, for-profit businesses, non-profit organizations, government agencies, international organizations, and research institutes.
Individual inventors, entrepreneurs, and researchers are encouraged to apply via an associated organization.