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Global Innovation Fund (UK)

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GIF

GIF invests in social innovations that aim to improve the lives and opportunities of millions of people in the developing world. Through grants and risk capital, it supports breakthrough solutions to global development challenges. There are three stages applicants can apply for:

Pilot: Your innovation is still in an early phase. You are testing core assumptions around operational, social and financial viability.
Test and Transition: Your innovation has completed initial testing and is now transitioning to larger scale. You have some information on your operational, social and financial viability. You want to solidify this before you scale.
Scale: Your innovation has solid operational, social and financial viability. You have strong evidence that my innovation improves the lives of those living on less than $5 PPP per day. Now you want to replicate your innovation in new countries and context, reaching millions of people. 

 

Type of Fund & Amount

Pilot projects: The maximum per project is $230,000 USD. 
Test and Transition: The maximum per project is $2.3 million, although the average investment size is smaller
Scale: The maximum per project is $15 million, although the average investment size is much smaller

 

Eligibility

Anyone may apply, including social enterprises, for- profit companies, non-profit organizations, government agencies, international organizations, and researchers in any country