Africa Enterprise Challenge Fund: Alleviating market systems to work better for the poor
Multi-DonorFocused on stimulating private sector entrepreneurs to innovate and find profitable ways, the AECF used the Challenge Fund Model to improve access to markets.
Global Poverty Action Fund (GPAF): Supporting projects on poverty reduction
DFIDThe Global Poverty Action Fund (GPAF) aimed to bring about tangible changes to the lives of poor people and address off-track Millennium Development Goals (MDGs).
Humanitarian Innovation Fund: Improving outcomes for people affected by humanitarian crises
Multi-DonorFocused on the development and testing of innovations in the humanitarian system, the HIF led the way in funding, supporting, and managing innovation at every stage of the innovation process.
Amplify: Leveraging collaboration and human-centred design to tackle pressing development challenges
DFIDAn Accountable Grant partnership between DFID and human-centred design firm IDEO.org, Amplify’s goal was to put into effect a new model for solving poverty-related issues.
UK Aid Match: Providing application assessment services
DFIDUK Aid Match, a DFID Fund, aimed to increase UK public engagement in international development, while simultaneously reducing poverty and achieving the Global Goals in priority countries.
Global Innovation Fund (GIF): Improving lives through social innovations
Global Innovation Fund EvaluationAimed at supporting a portfolio of social innovations GIF is a US$200 million multi-donor funded initiative focused on improving the lives of millions in developing countries.
Mastercard Foundation Fund for Rural Prosperity: Incentivising innovation in access to financial services
Mastercard FoundationThe project aimed to help 1,000,000 rural people in Sub-Saharan Africa break the cycle of poverty by improving their access to financial products and services.
Strategic Partnerships in Higher Education Innovation and Reform (SPHEIR): Supporting higher education in low-and-middle-income countries
DFIDThe programme focuses on providing grant-funding support to high-value partnerships between higher education (HE) institutions, NGOs, and private sector organisations in 11 countries.
Global Challenge Funds: Undertaking a utilisation-focused evaluation
Swedish International Development Cooperation Agency (Sida)The purpose of the evaluation was to learn lessons from the design and implementation of 10 global Challenge Funds supported by Sida.
Challenge Fund Guidelines
Sida is focused on using Challenge Funds to finance entrepreneurs and innovators who are willing to contribute to economic, environmental, and social sustainability.