All organizations involved in innovative finance focused on development, including financial institutions, private-sector companies, social enterprises, non-governmental and civil society organizations, government agencies, universities and other academic are eligible to apply for this grant.
Note : Proposals must be submitted by November 15th 2009.
The International Marketplace on Innovative Financial Solutions for Development (2010 MIF) is being co-hosted by the Agence Française de Développement (AFD), the Bill & Melinda Gates Foundation, and the World Bank.
The event is scheduled to be held in Paris on March, 4-5 2010 and is dedicated to smart, fine-tuned, innovative financial mechanisms for mobilizing, channeling, and spending funds for development issues. It will bring together development practitioners, donors, philanthropists, social entrepreneurs, academics, representatives from across a range of financial institutions and policy makers to exchange experience and ideas on innovative development finance solutions. It will also be structured around workshops and a marketplace where innovators can showcase their initiatives and projects
A key feature of the 2010 MIF will be a competition to garner and highlight fresh ideas on how innovative financing mechanisms can be used to solve development challenges at the local, country, regional, or global levels, with the goal that successful innovations can be scaled up and replicated.
The winners will be awarded pilot grants of up to US$100,000 to assist them in the implementation of their proposals.
For more information on the competition, please visit the main link provided below