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SDG Impact Finance Initiative's Innovation Window is sponsored by Convergence (as strategic implementing partner); funded by State Secretariat for Economic Affairs (SECO), Swiss Development Cooperation Agency (SDC), UBS Optimus Foundation, and Grand Duchy of Luxembourg.. This initiative awards grants for innovative impact finance solutions to mobilize private capital for sustainable development in emerging and frontier markets.
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The SDG Impact Finance Initiative - Special Initiative | Convergence The SDG Impact Finance Initiative The SDG Impact Finance Initiative aims to advance measurable progress in developing countries towards the achievement of the UN Sustainable Development Goals (SDGs) by mobilizing new capital through innovative finance solutions and collaboration between public and private partners.
Launched by Switzerland’s State Secretariat for Economic Affairs (SECO), UBS Optimus Foundation, Credit Suisse Foundation, and the Swiss Agency for Development and Cooperation (SDC), the Initiative seeks to raise CHF 100 million in donations to unlock up to CHF 1 billion in capital towards the SDGs by 2030.
The three core objectives are to: Support the design and development of innovative financial solutions supporting the SDGs through grant and seed funding, community building, and collaboration. Scale and mainstream impact investment solutions to accelerate measurable progress in developing countries towards the SDGs by mobilizing additional capital and strengthening underlying portfolio companies.
Strengthen the ecosystem , contribute to improved framework conditions and promote quality impact management practices to enhance impact investment flows. Convergence is the implementing partner for parts of the Initiative. The Initiative launched its first call for proposals in March 2022.
Learn more about the SDG Impact Finance Initiative Design Funding Window . Visit the SDG Finance Initiative website to learn more. Join our mailing list to receive the latest updates on Convergence.
Blended Finance Accelerator (formerly Design Funding)
Based on current listing details, eligibility includes: Organizations designing innovative impact finance solutions for sustainable development in emerging and frontier markets. Applicants should confirm final requirements in the official notice before submission.
Current published award information indicates Funding amounts vary based on project scope and sponsor guidance. Always verify allowable costs, matching requirements, and funding caps directly in the sponsor documentation.
The current target date is rolling deadlines or periodic funding windows. Build your timeline backwards from this date to cover registrations, approvals, attachments, and final submission checks.
Federal grant success rates typically range from 10-30%, varying by agency and program. Build a strong proposal with clear objectives, measurable outcomes, and a well-justified budget to improve your chances.
Requirements vary by sponsor, but typically include a project narrative, budget justification, organizational capability statement, and key personnel CVs. Check the official notice for the complete list of required attachments.
Yes — AI tools like Granted can help research funders, draft proposal sections, and check compliance. However, always review and customize AI-generated content to reflect your organization's unique strengths and the specific requirements of the solicitation.
Review timelines vary by funder. Federal agencies typically take 3-6 months from submission to award notification. Foundation grants may be faster, often 1-3 months. Check the program's timeline in the official solicitation for specific dates.
Many federal programs offer multi-year funding or allow competitive renewals. Check the official solicitation for continuation and renewal policies. Non-competing continuation applications are common for multi-year awards.
The purpose of this FOA is to provide funding for up to four (4) Tribal Colleges and Universities (TCUs) that will provide entrepreneurial development services to Native American communities, focusing on supplying services to socially and economically disadvantaged entrepreneurs in locations that are outside of the geographical areas of existing SBA resources. Eligible applicants must be Tribal Colleges and Universities as defined in the Higher Education Act HEA 316 (U.S.C. 1059c). Funding Opportunity Number: SB-GC7J-23-002. Assistance Listing: 59.007. Funding Instrument: G. Category: BC,ED. Award Amount: Up to $250K per award.
The purpose of this FOA is to provide funding for up to two (2) private, non-profit organizations that will provide entrepreneurial development services to women, with an emphasis on socially and economically disadvantaged entrepreneurs in locations that are outside of the geographical areas of existing WBCs for the District of Columbia (DC) and the State of Oregon. There will be one award for each location. Eligible applicants must be private, non-profit organizations with 501(c) tax exempt status from the U.S. Treasury’s Internal Revenue Service and must provide services to the District of Columbia (DC) and State of Oregon. Funding Opportunity Number: SB-OEDWB-23-002. Assistance Listing: 59.043. Funding Instrument: G. Category: BC,CD,RD. Award Amount: $75K – $150K per award.
Small Business Innovation Research (SBIR) / Small Business Technology Transfer (STTR) Programs (Phase I) is sponsored by U.S. Department of Agriculture (USDA) National Institute of Food and Agriculture (NIFA). The USDA SBIR/STTR programs focus on transforming scientific discovery into products and services with commercial potential and/or societal benefit in agriculturally-related areas. This can include app development for agricultural technology, rural development, and smart farming. Phase I aims to demonstrate technical feasibility.