innovation | ethics | impact

IsDB | Building Resilience through Innovation in response to the COVID-19 Pandemic

| Sectors: COVID-19, food security, health, energy, WASH, education, innovation
Granting entities: Islamic Development Bank (Transform Fund)
| Deadline:  31 May 2021
| Type of support: Grants & private equity investment
| Funding/benefits:  Grants from 50 to 150,000 USD and investment up to 1 million USD
| Applicants: Innovators and scientists for POC and registered entities from growth stages
| Locations: Member countries

Synopsis: The Transform Fund Call for Innovation 2021 will focus entirely on supporting our Member Countries response to recovering from the COVID-19 pandemic with the aim of building a stronger, more resilient, and prosperous future. The Call for Innovation will identify, encourage, and reward innovative, high impact proposals that support the following SDGs: SDG 2 (zero hunger), SDG 3 (Health), SDG 4 (Education), SDG 6 (Water and sanitation)), SDG 7 (energy), and SDG 9 (Innovation, infrastructures).

THE CATEGORIES OF APPLICATION ARE:

1 – New Ideas with Proof of Concept: Grants ranging from US$ 50,000-100,000
2 – Scaling up of Innovative Programs in the Private Sector: Private Sector Equity Investment up to US$ 300,000
3 – Commercialization of Technology in the Private Sector: Private Sector Equity Investment up to US$ 1,000,000
4 – Capacity Building in Science, Technology, & Innovation: Grants ranging from US$ 100,000-150,000

Link to application here.

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