Grant and Fund Management
Challenge Funds, & Grant Funds and Managed Funds are used increasingly by international development agencies and other partners to support poverty reduction initiatives undertaken by civil society organisations and businesses.
We provide a comprehensive range of Grant and Challenge Fund management services which supports both social & business-oriented enterprise challenge funds. This includes fund design, calls for proposals, appraisal and selection of candidates, performance and risk management, financial management, procurement, capacity strengthening, monitoring and evaluation and learning. Having worked on funding schemes financed by a range of agencies across sectors including governance, poverty reduction, health, and private sector development, we recognise the importance of carefully tailoring the design of Challenge Funds to meet donors’ development objectives and the significance of designing calls for proposals to manage the volume and quality of applications. We believe in establishing open and supportive relationships with the recipients of funding and creating a productive balance between compliance, risk management and constructive support for successful project delivery. Our clients include donors and development agencies such as FCDO, USAID, IFAD, Sida, DANIDA, DFAT and AGRA as well as foundations such as MasterCard and Standard Chartered.
GRANT AND FUND MANAGEMENT
Appraisal & Selection
Performance & Risk
Gender Mainstreaming &
Pathways to Impact
Monitoring & Results
GRANT AND FUND MANAGEMENT
Challenge Fund Guidelines
Sida has been using Challenge Funds to finance entrepreneurs and innovators that are willing to contribute to economic, environmental, and social sustainability. Challenge funds offer Sida the opportunity and flexibility to support civil society and private sector initiatives to develop innovative solutions to development problems.
Development of comprehensive guidelines for Sida personnel and partners engaged in the design and implementation of challenge funds
Expected to influence the management of a range of Sida-supported challenge fund programmes.
Approx. 90% of the challenge funds supported by Sida aim to explicitly use market incentives to test and scale innovations which emphasises the importance of private sector led approaches to fund design, management, and grant/ project implementation.
DFID, Govt. of Ethiopia
Meta-Evaluation of USAID supported Global Challenge Funds
USAID defines Grand Challenges as multi-year partnership platforms, requiring a minimum investment of $15 million for USAID and its partners...
Three funds supporting improvements in the efficiency of agricultural production processes...
Two funds focused on the specific health challenges of Zika and Ebola surfaced new, leading technologies for...
people in conflict affected regions gained access to improved humanitarian services; and 600,000...
Standard Chartered Bank (SCB)
‘Futuremakers by Standard Chartered’ is a global initiative launched as part of SCB’s Global Community Programmes strategy...
Reached 735,000+ girls and young women with educational programmes to support their economic empowerment.
Focused on youth employability by supporting 87,000 young people to become job-ready
Reached more than 60,000 young people with focus on youth entrepreneurship.