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Islamic Development Bank - Call for Innovation via Transform Fund 2020

 

The IsDB Group is coordinating a wide-ranging response to the impact of COVID-19. It has set up a Strategic Preparedness and Response Facility which will oversee a response package. The facility will focus on emergency preparedness to curb the spread of the COVID-19, minimizing the socio-economic impact of the pandemic especially on poor communities, and building the resilience of their Member Countries in responding to outbreaks and pandemics.

We are pleased to announce the Transform Fund Call for Innovation 2020 will focus entirely on supporting our Member Countries long-term preparedness and response to the COVID-19 pandemic. This Call will operate in addition to the IsDB Group’s other wide-ranging initiatives coordinated by our Strategic Preparedness and Response Facility. The Call for Innovation will identify, encourage and reward innovative proposals that will benefit local. Scroll down to method of application and apply before the deadline

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About Islamic Development Bank (IsDB)

Recognizing the importance of qualified human resources for social advancement and sustainable development, the IsDB has been addressing human resources development in member countries alongside its development financing activities. The IsDB has been funding the following Scholarship Programmes for citizens from IsDB member countries and Muslim communities worldwide: Undergraduate Programme Master’s Programme PhD Programme and Post-doctoral Research Programme IsDB-ISFD for Vocational Education & Training (VET) Bachelor studies for the IsDB 21 Least Developed Member Countries (LDM... read more


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IsDB-STI TF Innovation via Transform Fund


Aim and Benefits of IsDB-STI TF Innovation via Transform Fund

The categories of application are:

  1. New Ideas with Proof of Concept, Funding Opportunity: Grants ranging from US$ 50,000-100,000
  2. Capacity Building in Science, Technology and Innovation Funding Opportunity: Grants ranging from US$ 100,000-150,000
  3. Scaling up of Innovative Projects, Funding Opportunity: Equity Participation up to US$ 300,000
  4. Commercialization of Technology Funding Opportunity: Equity Participation up to US$ 1,000,000

Through Transform, innovative ideas will be translated into real development solutions that will address development challenges and empower the communities and youth in particular to realize their full potential.

Linked to the Engage hub, Transform will accelerate science, technology and innovation led solutions that drive economic and social progress in the developing world.


Requirements for IsDB-STI TF Innovation via Transform Fund Qualification

The IsDB-STI Fund will support eligible scientists, innovators, SMEs and institutions that need initial funding and growth capital for their ideas/projects. These ideas/projects will result in technologies and solutions that will contribute to the development effectiveness of IsDB Member Countries and Muslim communities in non-member countries


Checkout: How To Write A Scholarship Essay - Scholarship Essay Examples

Application Deadline

May 31, 2020


How to Apply

Interested and qualified? Go to Islamic Development Bank (IsDB) on www.isdb-engage.org to apply

For more details, visit engage website



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