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Applications invited for DBS Foundation Social Enterprise Grant
Organization: DBS Foundation
Apply By: 15 May 2020
Grant Amount: 4516 USD
About DBS Foundation
The DBS Foundation focuses on building a more inclusive Asia by championing social entrepreneurship. The Foundation is an endeavor from DBS Bank to make an even greater impact in addressing Asia's evolving social needs.
DBS Foundation Social Enterprise Grant
We offer grants between SGD 50,000 and SGD 250,000 to social enterprises who have a product market fit, demonstrated traction in sales and revenue, clear social impact and are ready to scale up
Grant For Zero Food Waste Solutions
In 2020, we will be introducing a special category of grants for innovative businesses working towards Zero Food Waste.
Some examples of these solutions include technology, applications, innovations, products that reduce food loss along the supply chain as well as those that manage surplus food or upcycle food waste to value added products.
DBS Foundation will continue to award grants to SEs addressing other critical social issues.
Who are we looking for?
We want to support social enterprises in scaling their businesses through improving operational capacity, innovation capabilities, extending geographical reach, and thereby increasing their social impact.
Eligibility:
The social enterprise seeking the grant must:
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Have a business product/solution that has been validated in the market, as evidenced by revenue generation and/or traction in client acquisition, with clear plans to scale up business; and
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Be committed to a social mission and have a clear roadmap towards scaling social impact.
Some examples of how a DBS Foundation Social Enterprise Grant may be used:
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Expand to new regions/markets
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Increase production capacity
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Establish / strengthen a brand
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Improve operational efficiency
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Build or structure a team
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Enhance social impact measurement / management
- Protect intellectual property
We do not fund:
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Specific individual fellowships/stipends and personal expenses, charities or NGOs primarily dependent on donations
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Charities or NGOs primarily dependent on donations
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Religious organisations for religious purposes, election campaigns, general fund-raising drives or event sponsorships
Submission & Evaluation of Applications
Applications received before Friday,15 May 2020, 2359hrs (Singapore time, GMT+8) will be evaluated in 2020.
For more information please check the Link
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