Global Innovation Fund
20 March, 2019
The Global Innovation Fund invests in social innovations that aim to improve the lives and opportunities of millions of people in the developing world.
GIF is a unique hybrid investment fund that supports the piloting, rigorous testing, and scaling of innovations targeted at improving the lives of the poorest people in developing countries. Through their investments, they support a portfolio of innovations that collectively open up opportunities and improve the lives of millions of people across the developing world.
Through grants, loans (including convertible debt) and equity investments ranging from $50,000 to $15 million, they back innovations with the potential for social impact at a large scale, whether they are new technologies, business models, policy practices, technologies or behavioural insights.
They support innovators at all stages of their life cycle, from start-up and pilot-testing through to larger scale implementation. The innovations they fund can be located in any developing country and can focus on any sector relevant to international development, provided they improve the lives of those living on less than $5 a day.