The first call for concept notes for the UK’s Department for International Development IMPACT Programme is now open. The IMPACT Programme funding will channel up to £5,000,000 in grants into impact investment.
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The funding will be used to design and test innovative investment products, tools, and services that will increase the flow and distribution of capital in Sub-Sahara Africa and South Asia. Its focus is on innovative investments products and services that align to the Global Goals.
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The Impact Programme was launched by the UK Department for International Development (DFID) in 2012. DFID through the programme is providing £157.8m over 23 years to catalyse the market for impact investment in Sub-Saharan Africa and South Asia.
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Purpose Of The IMPACT Programme
IMPACT Programme will not be investing in individual businesses or impact investing funds, but will be focused on reducing market-level barriers in the impact investing ecosystem.
The IMPACT Programme funds a range of non-state actors, including but not limited to, private sector companies; civil society organisations (CSOs), nongovernmental organisations (NGOs), international nongovernmental organisations (INGOs), research organisations, policy institutes; and trade and industry associations.
Applicants who demonstrate their commitment to sustainability and wider ecosystem engagement with counterpart or match funding will be at an advantage.
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- Ideas should demonstrate the potential to be replicated and scaled to strengthen the wider impact investing ecosystem.
- Initiatives that focus on interventions in South Asia and Sub-Saharan Africa through partnerships with organisations based in or currently working in these regions are encouraged
- Technical assistance to mentor organisations will be provided through the application process for those applicants that make it through to the second stage.
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To Find Out More
Please download the ‘Applications Pack’ from the website for the most up to date information. The ‘Application Pack’ includes:
- Guidelines for applicants
- Related templates
- Further details on the focus for the call for proposals.
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Deadline And How To Apply For The IMPACT Programme
The deadline for submitting a concept note is 20th November, 2019.
Submit your application to firstname.lastname@example.org
The submission of a concept note is the first step of a two-stage application process. Funding will not be provided on the basis of a concept note. At the second stage, we will invite a limited number of organizations to submit a full proposal. Visit the website for more information.
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