Closing date for applications 11:59pm UTC on 9 January 2022.
Overview
The GSMA Innovation Fund will help accelerate the testing, adoption and scalability of digital innovations that enable the world’s most vulnerable populations to adapt, anticipate and absorb the negative impacts of climate change. The Fund will provide 15 to 18 month grants and additional support to for-profit small and growing enterprises, including start-ups, that leverage digital technology, especially mobile, to deliver climate resilience and adaptation solutions.
What the fund will achieve
The Fund will support grant projects delivering climate resilience and adaptation solutions. Climate resilience and adaptation solutions are defined as those that help to build individual, community or institutional capacities to:
- adapt to multiple, long-term and future climate change risks
- anticipate and reduce the impact of climate variability and extremes through preparedness and planning
- absorb (i.e. face and manage) adverse conditions, emergencies or disasters
The objective of the Fund is to test and generate insights from innovative use cases, partnerships and business models in selected geographies, in order to improve the sustainability and scalability of digital enabled solutions that make a positive impact on low-income populations and those who are most vulnerable to current or future climate risks.
For more information on eligibility, read the GSMA’s terms and conditions and frequently asked questions
How to apply
To apply for the Fund, complete the online application form by 11:59pm UTC on 9 January 2022.
Background information on the fund
The Fund is open to applicants whose projects are implemented in countries that are eligible to receive Official Development Assistance in:
- Africa
- South and South East Asia eg. ASEAN
- Pacific Islands
- The Caribbean
Additional due diligence checks and eligibility screenings may be required in certain markets. For these markets, applicants must be registered and operating in the country of project implementation.
The Fund is managed and run by the GSMA. An independent Fund Manager, Palladium International Ltd, plays a managerial, compliance and advisory role, executing decisions on behalf of the Fund.
If you have questions related to the Fund, visit the GSMA website or email GSMAIF@gsma.com.
Published 15 November 2021
