This fund targets entrepreneurs with innovative ideas who are from developing and emerging economies. There are possibilities of receiving Grants, Loans, Equity Investments or a combination of Debt and Equity Investments.
Value of grant, loan or equity investment is dependent on the need of the applicant and subject to the approval of the grantor.
Eligible applicants include start-ups, existing companies, social enterprises, for-profit organizations, non-profit organizations, government agencies, international organizations and researchers in any country, cutting across all sectors.
Fund is available all through the year but application requires the following steps:
- Concept note or proposal summary submission
- Conference call with GIF investment team members, subject to the applicant having passed the initial stage
- Submission of full proposal, subject to GIF’s positive evaluation of the concept note and conference call
- Due diligence
- Invitation for final defense of proposal