Applications for the Global Innovation Fund for Mission Aligned Development Organizations in the UK in 2022 are currently ongoing.
The Global Innovation Fund, or GIF, is social impact-first investment vehicle. It works with mission-aligned development agencies, philanthropy, and other funders to find and fund evidence-based innovations. These are innivations with the potential to positively impact the lives of millions of the world’s poorest people.
It plays a distinct role alongside existing development assistance by taking smart risks public agencies cannot using a range of financial instruments to achieve its mission.
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.
- Any type of organisation may apply.
- This includes social enterprises, for-profit companies, non-profit organizations, government agencies, international organisations, and research institutions in any country.
- It is recommended that individual innovators, entrepreneurs or researchers apply through an affiliated organization.
How to Apply
To start your application, simply click here.
Deadline: GIF accepts applications on a rolling basis – our window is always open with no deadlines or rounds of funding.