Time limit for functions has now previous.
The GSMA Innovation Fund will assist speed up the testing, adoption and scalability of digital improvements that allow the world’s most susceptible populations to adapt, anticipate and take up the unfavourable impacts of local weather change. The Fund will present 15 to 18 month grants and extra assist to for-profit small and rising enterprises, together with start-ups, that leverage digital expertise, particularly cell, to ship local weather resilience and adaptation options.
What the fund will obtain
The Fund will assist grant tasks delivering local weather resilience and adaptation options. Local weather resilience and adaptation options are outlined as people who assist to construct particular person, neighborhood or institutional capacities to:
- adapt to a number of, long-term and future local weather change dangers
- anticipate and cut back the impression of local weather variability and extremes by preparedness and planning
- take up (i.e. face and handle) hostile situations, emergencies or disasters
The target of the Fund is to check and generate insights from revolutionary use circumstances, partnerships and enterprise fashions in chosen geographies, with the intention to enhance the sustainability and scalability of digital enabled options that make a optimistic impression on low-income populations and those that are most susceptible to present or future local weather dangers.
For extra data on eligibility, learn the GSMA’s phrases and situations and continuously requested questions
Background data on the fund
The Fund was open to candidates whose tasks are applied in international locations which are eligible to obtain Official Improvement Help in:
- South and South East Asia eg. ASEAN
- Pacific Islands
- The Caribbean
Further due diligence checks and eligibility screenings could also be required in sure markets. For these markets, candidates have to be registered and working within the nation of challenge implementation.
The Fund is managed and run by the GSMA. An impartial Fund Supervisor, Palladium Worldwide Ltd, performs a managerial, compliance and advisory function, executing choices on behalf of the Fund.
If in case you have questions associated to the Fund, go to the GSMA web site or e-mail [email protected]
Revealed 15 November 2021