Category Archives: business funding

THE CANADA FUND FOR LOCAL INITIATIVES – GUYANA AND SURINAME

Application Deadline: 8 March, 2024

LOCATION: Canada

The High Commission of Canada in Guyana and Suriname is pleased to launch its annual call for proposals for the Canada Fund for Local Initiatives (CFLI) for 2024-2025. The CFLI is a program designed to support small-scale, high-impact projects in developing countries, which align with Global Affairs Canada’s thematic priority areas for engagement. 

ELIGIBILITY:

Eligible recipients include:

Local, national or community-based organization (non-governmental and not-for-profit)

Local municipal, regional or national government institution or agency of the recipient country

Local academic institution

Canadian organization (non-governmental or not-for-profit) that is working on local development activities

International or regional organization (non-governmental or not-for-profit) that is working on local development activities

Intergovernmental or multilateral institution, organization or agency working on local development activities

The majority of CFLI funding is to be directed toward local civil society organizations (including non-governmental organizations) and other institutions working at the local level. Other entities, such as international, intergovernmental, multilateral and regional organizations may be eligible for funding, provided they are working with local partners and on local projects that are consistent with the objectives of the CFLI. Similarly, municipal, regional and national government institutions may receive funding, provided that their projects are essentially local in nature. The CFLI is always looking to fund innovative projects that deliver measurable results.

BENEFIT:

The average CFLI contribution is $20,000 to $50,000 Canadian Dollars. Consult the currency converter for local currency equivalents. Please note that all contributions are made in Canadian dollars and then converted to local currency by the implementing partner.

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FUTURE OF LEARNING MASTERCARD FOUNDATION EDTECH STARTUP FELLOWSHIP PROGRAM

Application Deadline: February 17, 2024

LOCATION: Nigeria

The program provides a unique opportunity to collaborate with a network of experienced professionals with the same goal: to drive innovation in the edtech sector. Hands-on mentorship and resources will be provided to help you get your startup to the next level. Interested innovators are to apply below. In this stage, the Edtech solutions will be assessed on the following criteria: Problem/Solution Fit, Founder Potential, Business Model Fit, and Traction.

ELIGIBILITY:

Startups must be Africa focused and incorporated in Nigeria. They should be building solutions that address challenges across K-12, tertiary education and vocational skills training.

Your Edtech Solution must posses these two qualities:

EdTech Solution Based: Must have verifiable users aligned with our accelerator’s focus: education access, student learning, school management, and teacher/trainer effectiveness.

Inclusive Teams: Applicants should have a balanced team, passionate about education. Female founders of EdTech solution companies are strongly encouraged to apply

BENEFIT:

Startups that make it into our accelerator programme enjoy the following benefits:

Equity Free Funding: Qualified startups are entitled to $100k in equity free funding over the course of the accelerator programme.

Support & Mentoring: Startups can tap into our multidisciplinary experts for design, product, and tech optimization.

Investor Network: Startups, through this programme would be exposed to investors to help scale their products

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