Deadline: 24 July 2017
The Swedish International Development Cooperation Agency (Sida) is seeking applications for its “Innovations Against Poverty Fund (IAP)” to stimulate private sector development initiatives which otherwise would not have taken place.
The IAP fund functions as a risk sharing mechanism, with the specific mandate to identify and support innovative Inclusive Business models that deliver both commercial benefits for the private sector and developmental benefits -such as the creation of jobs, income increase and access to basic goods and services- for low income people, prioritizing women and youth.
- Agriculture and food: including, but not limited to, achieve food security and improved nutrition; promote sustainable agriculture.
- WASH: including, but not limited to, availability and sustainable management of water and sanitation for all.
- Energy: including, but not limited to, access to affordable, reliable, sustainable and modern energy for all.
- ICT: including, but not limited to, access to technologies and services that help deliver solutions in the sectors above or other basic needs.
IAP will provide funding within the following range: From €50 000 up to €200 000.
- In order to apply for IAP, the lead applicant must be a private sector company (registered or to be registered).
- NGOS, informal companies and cooperatives are; however, welcome to apply in a partnership with a private company, as long as the private company is the lead applicant.
How to Apply
- The IAP application process is organized around two phases: the submission of a concept note and if shortlisted the submission of a full business plan.
- Applicants can apply via given website.
For more information, please visit Innovations against Poverty.