$10,000 to $200,000 available for eye health projects!

Funding for eye health projects

Hi Funds Fans!  For those of you interested in promoting eye health, this one’s for you.

The SiB Innovation Fund aims to fund projects that develop and test ideas, new technology or operating models for delivering eye care with the potential for high impact or even systemic change. The fund is prepared to target projects with a higher degree of uncertainty around the outcome than traditional grant funding in order to allow space for organizations or individuals to experiment with new ideas and approaches that have the potential to become viable new, cost-effective approaches to helping tackle avoidable blindness.

The fund is open to applicants from any country.  However, the focus of the innovation project should be poor and middle income countries, and preferably countries within Standard Chartered’s footprint in Africa, Asia and the Middle East.

The SiB Innovation Fund is open to applications from:

  • Non-governmental, not-for-profit groups (NGOs)
  • Blindness/Disability Organisations (focused on the technology category stated above)
  • Academic institutions and Universities
  • Research organisations
  • Private sector companies (e.g. technology companies)
  • Independent individuals (subject to the provision of two references from a reputed institution or organisation and a 5% funding commitment). Successful “Individual” applicants may be subject to a credit check.

Applicants do not have to be registered charities.  Project funding will vary depending on stage of development:

Stage 1 – Pilot stage: Projects that are developing a pilot to test and assess a new approach, operating model or technology with potential for impact.  Maximum grant will be US$ 50,000.00

Stage 2 – Preparing for scale: Projects that have had demonstrable success at a pilot or experimental stage to be taken to scale.  Maximum grant will be US$ 200,000.00

You do not have to request the full grant amount but the minimum grant size will be US$ 10,000.  Matched funding is not required other than a 5% funding commitment from independent individuals.

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