Global Innovation Fund

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Presentation of the donor

Global Innovation Fund is a unique hybrid investment fund that supports the piloting, rigorous testing, and scaling of innovations targeted at improving the lives of the poorest people in developing countries. Through our investments, we support a portfolio of innovations that collectively open up opportunities and improve the lives of millions of people across the developing world.

We support innovators at all stages of development. Through grants, loans (including convertible debt), and equity investments ranging from $50,000 to $15 million, we back innovations with the potential for social impact at a large scale, whether they are new business models, policy practices, technologies, behavioural insights, or new ways of delivering products and services that benefit the poor in developing countries

Summary of opportunity

We support innovators at all stages of development. Through grants, loans (including convertible debt), and equity investments ranging from $50,000 to $15 million, we back innovations with the potential for social impact at a large scale, whether they are new business models, policy practices, technologies, behavioural insights, or new ways of delivering products and services that benefit the poor in developing countries.

  • Pilot. We provide seed capital to support the startup and field-testing of innovations.
  • Test and Transition. We support innovations that have already demonstrated success at a small scale.
  • Scaling. We support the expansion of innovations that have already demonstrated a strong track record of social impact and effectiveness.

Eligibility criteria

The potential to scale to reach millions of people.

Scale is critical to what we do – we only fund innovations that have the potential to scale to reach millions of people. However we fund organisations at various stages on their path to scale – find out more about our staged financing approach here. We also see multiple pathways to scale:

Private sector scaling. We do this through self-generated revenues and growth via injections of market-based capital

Public sector scaling. We do this through support from governments or non-profits/donor organisations

Hybrid scaling. We do this through a combination of support from both the private and public sectors

How to apply

  • We accept applications on a continuous basis, with no deadlines or ’rounds’ of funding. In addition to this open application window, we actively seek out investments. Our review process is highly selective and rigorous, and less than 10% of applicants are invited to submit full proposals
  • If you are interested in applying for funding please make your way through the following steps in order to start your application:
  1. Understanding the application process
  2. What type and amount of funding should I apply for?
  3. Am I a good fit for the Global Innovation Fund?
  4. What we do not fund
  5. Start an application

Continue to understanding the application process 

 
                                                                                       https://globalinnovation.fund/