The Sage Foundation Enterprise Fund is a $1 million fund made available for non-profit organization in Africa providing solutions in areas that affect military veterans, women and girls, and young people. The fund, which will be shared in two rounds of $500,000 each (first round will be awarded in April while the second round is
The Sage Foundation Enterprise Fund is a $1 million fund made available for non-profit organization in Africa providing solutions in areas that affect military veterans, women and girls, and young people. The fund, which will be shared in two rounds of $500,000 each (first round will be awarded in April while the second round is billed for July, 2017) will provide a grant of about $5,000 to $35,000 to each successful applicant.
According to Sage Foundation’s manager, the fund’s aim is to help organizations looking to generate further income, create new initiatives or enhance existing and proven activity.
“Sage Foundation’s Enterprise Fund is designed to help organizations generate further income, create new initiatives or enhance existing activity. There are some wonderful charities across Africa who has innovative yet practical ideas about how they can solve some of the socio-economic challenges their communities face each day. We want to help them turn these exceptional ideas into reality.”- Joanne van der Walt, Sage Foundation Manager.
While every organization (big or small) with creative solutions to issues in their host communities can apply, the fund has a bias for supporting small organizations looking to grow and deliver sustainable change.
To be eligible, organizations hoping to apply must tick the following boxes:
- Work with young people (under 25 years), women/girls, and military veterans
- Must be ready to commit fund to : Capital, Core (salaries, HR et al), Equipment, and Projects
- Focus areas : Health and Well-being, Diversity and Inclusion, Entrepreneurship, and Education
Application for the first round ends April 5. Go here to apply
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