20 sites and Foundations Offering Grants and Business Funding Globally and in Africa
Securing funding is often one of the biggest challenges faced by entrepreneurs and businesses worldwide. Whether you are a startup seeking seed funding or an established business looking to expand, there are numerous sites and foundations dedicated to providing grants and business funding. Here, we explore 20 such platforms that offer a lifeline to businesses globally and in Africa.
Global Grant and Funding Platforms
1. The Bill & Melinda Gates Foundation
Overview: This globally recognized foundation funds initiatives in education, health, and community development.
Funding Focus: Prioritizes health, development, and education sectors with a strong emphasis on innovative solutions.
How to Apply: visit ๐ www.gatesfoundation.org for more information or, to submit a letter of inquiry through their website, followed by a detailed proposal if shortlisted.
2. Kiva
Overview: Kiva offers crowdfunded loans to entrepreneurs around the world, connecting them to individual lenders.
Funding Focus: Supports small businesses, agriculture, education, and community projects.
How to Apply: visit ๐ www.kiva.org, Create a profile and submit a loan request on the Kiva platform.
3. Ford Foundation
Overview: This foundation provides grants to strengthen democratic values, reduce poverty, and advance human achievement.
Funding Focus: Areas include social justice, poverty alleviation, and community development.
How to Apply: visit ๐ www.fordfoundation.org to submit a grant application through the Ford Foundation website.
4. Rockefeller Foundation
Overview: Aims to promote the well-being of humanity by supporting innovative solutions to global challenges.
Funding Focus: Health, food, power, jobs, and innovative finance.
How to Apply: Visit their website and apply through the grant application portal. ๐ www.rockefellerfoundation.org
5. Echoing Green
Overview: Provides seed funding and strategic support to social entrepreneurs with innovative solutions.
Funding Focus: Social change initiatives with high potential for impact.
How to Apply: Apply during their annual open application period. Save and subscribe to their website ๐ echoinggreen.org
6. The Skoll Foundation
Overview: Supports social entrepreneurs driving large-scale change in critical areas.
Funding Focus: Social entrepreneurship across various sectors including education, health, and sustainability.
How to Apply: Nomination-based, but open to receiving compelling proposals through their website ๐ skoll.org
7. Acumen
Overview: Invests in social enterprises addressing poverty by providing patient capital.
Funding Focus: Agriculture, education, energy, financial inclusion, healthcare, and water.
How to Apply: Entrepreneurs can apply through Acumen’s website during their open call periods. Save and subscribe to their newsletters ๐ acumen.org
8. Google for Startups
Overview: Offers various funding opportunities, resources, and support to startups worldwide.
Funding Focus: Tech startups and innovative solutions.
How to Apply: Check their website ๐ startup.google.com for current funding programs and application processes.
9. Global Innovation Fund
Overview: Provides funding to social innovations that aim to improve the lives of the poorest people.
Funding Focus: Education, health, agriculture, and governance.
How to Apply: Submit an application through their website ๐ www.globalinnovation.fund
10. Seedstars
Overview: Focuses on high-growth, high-impact startups in emerging markets.
Funding Focus: Technology and innovation-driven startups.
How to Apply: Participate in regional competitions and submit your application through their website๐ www.seedstars.com
Grant and Funding Platforms Focused on Africa
11. Tony Elumelu Foundation
Overview: A leading African philanthropy empowering young entrepreneurs across the continent.
Funding Focus: Business ideas and startups.
How to Apply: Apply through the Tony Elumelu Entrepreneurship Programme (TEEP) portal๐ www.tonyelumelufoundation.org
12. African Women's Development Fund (AWDF)
Overview: Provides grants to support women’s rights organizations and initiatives in Africa.
Focus: Women’s rights and empowerment.
How to Apply: Submit a grant proposal through the AWDF website๐ awdf.org
13. Africa Enterprise Challenge Fund (AECF)
Overview: Supports businesses in agriculture, renewable energy, and other sectors to promote economic growth and poverty reduction.
Funding Focus: Agribusiness, renewable energy, and rural financial services.
How to Apply: Apply through their competitive challenge fund calls. Visit ๐ www.aecfafrica.org
14. Anzisha Prize
Overview: Recognizes and funds young African entrepreneurs aged 15-22 who have developed innovative solutions.
Focus: Early-stage businesses and startups.
How to Apply: Apply during the annual application window on their website ๐ anzishaprize.org
15. United States African Development Foundation (USADF)
Overview: Provides seed capital and technical support to African enterprises and grassroots organizations.
Funding Focus: Agriculture, energy, and youth entrepreneurship.
How to Apply: Submit a proposal through the USADF website๐ usadf.gov
16. Mastercard Foundation
Overview: Partners with African organizations to improve education and financial inclusion.
Funding Focus: Education, youth employment, and financial inclusion.
How to Apply: Check their website for partnership opportunities and application processes. Visit ๐ mastercardfdn.org
17. Fate Foundation
Overview: Focuses on supporting aspiring entrepreneurs in Nigeria through training, mentoring, and funding.
Funding Focus: Startups and SMEs in Nigeria.
How to Apply: Participate in their Aspiring Entrepreneurs Programme. Visit ๐ fatefoundation.org
18. VC4A
Overview: Connects African startups with investors and funding opportunities.
Funding Focus: Tech startups and innovation-driven businesses.
How to Apply: Create a profile on the VC4A platform and apply to various funding rounds. Visit ๐ vc4a.com
19. The Anzisha Prize
Overview: Supports young African entrepreneurs with funding and mentorship.
Funding Focus: Young entrepreneurs with innovative business ideas.
How to Apply: Apply during their annual application cycle.
20. The Co-Creation Hub (CcHub)
Overview: Provides funding, mentorship, and support to tech startups in Africa.
Funding Focus: Technology and innovation-driven startups.
How to Apply: Apply through their various funding and incubation programs.
Visit๐ cchub.africa
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