The Global Innovation Fund (GIF) invests in social innovations that aim to improve the lives and opportunities of millions of people in the developing world.
The Fund is open to the best approaches to solve any major development problem in low- or lower-middle income countries. Solutions are sought that can scale up commercially, through the public/philanthropic sector, or through a combination of both in order to achieve widespread adoption.
Funding & Support
The Fund offers:
- Flexible range of financing options: grants, loans (including convertible debt), and equity investments ranging from USD $50,000 to $15M (approx AUD ($65,000 – $19M)
- Access to their global network. Their innovators gain access to the Fund’s growing network of innovators, experts, and funders around the world.
- Venture and technical assistance. The Fund can help to connect innovators with assistance based on their needs.
- Bridge to follow-on funding. The Fund helps to connect their innovators to other donors and investors.
The Fund supports teams from social enterprises, for-profit companies, non-profit organisations, government agencies, international organisations, and researchers across all relevant sectors and doing work based in any eligible country in the developing world.