Applications Invited for Gender Lens Investment Pay for Results Fund

About the Organization

The Aspen Network of Development Entrepreneurs (ANDE) is a global network of organizations that propel entrepreneurship in developing economies. ANDE members provide critical financial, educational, and business support services to small and growing businesses (SGBs) based on the conviction that SGBs will create jobs, stimulate long-term economic growth, and produce environmental and social benefits. Ultimately, we believe that SGBs can help lift countries out of poverty.

About the Grant

In 2019, ANDE launched the ANDE Gender Equality Initiative (AGEI) and has since implemented different challenge funds targeted at addressing different gender issues in the SGB sector. The Gender Lens Investment Pay for Results Fund is one of such funds targeting investors seeking to increase gender impact in their portfolio.

ANDE requests concept notes for grants of $20,000-$50,000 to support investors seeking to increase the gender impact of their portfolio. These grants are intended to cover costs associated with developing the systems and processes necessary to take a gender lens approach to investment. The grants will go directly to investors and will use a “pay for results” structure in which the grant payment will be contingent upon completed investments with a clear path to gender impact.

Key Dates

Issuance date: Wednesday, November 24, 2021

Office hours for applicant questions: Thursday, December 9, 2021 (register)

Deadline to submit questions: Tuesday, December 22, 2021

Deadline to submit concept note: Wednesday, December 23, 2021

Announcement of shortlist: Friday, January 21, 2022

Deadline to submit full proposal: Monday, February 14, 2022

Award announcement: April 2022

Eligibility

Investors supporting small and growing businesses

Deadline

23 December 2021

For more information please check the Link.