If you are an organization seeking grant, living in African region you can apply for this innovation grant. Hurry and apply for this innovation grant before the deadline.
Sponsoring Agency: Zambia summitÂ
Type of Fund: Grant
Deadline: September 13, 2022
Details:
What else you must know:
Application is open for the Raise by ICA. ICA works with businesses that are leading local innovation to address critical issues and local development challenges. They help SMEs access the funding they need to grow their business.
Through a process of screening, investment-readiness preparation, registration on the online deal platform (Impact Starter), and match-making with investors, they aim to get you the right funding partners.
Eligibility Criteria
Who can apply:
They partner with institutions and organizations that share their aim to improve the flow of capital into African businesses: helping you prepare for investment and meet the right investors.
Are you:
- operating in Zambia, South Africa, Botswana, Namibia, or Zimbabwe (their current focus areas)?
- an established business, generating at least US$ 100,000 per year in revenue and looking to grow?
- eager to find affordable, appropriate long-term finance of $200,000 – $25+ million in debt and/or equity?
- creating a positive environmental or social impact through your products or services?
- exploring new sources of finance but don’t know how to go about it or who to talk to?
- needing help to understand how to prepare for investment?
If this is you, Impact Capital Africa can help.
Benefits you must be aware about:
Finding routes to finance is hard for many African businesses. If you run an established company, poised for growth, with the potential to deliver profits as well as social or environmental benefits, impact investors may be eager to help you succeed.
For more information, visit here.
