The Islamic Development Bank (IsDB) has established a special Fund, known as Science, Technology and Innovation Transform Fund (IsDB-STIF) to support its Member Countries in finding practical solutions to their key development challenges through the power of innovation.
Application Deadline: 1st June 2019
Eligible Countries:Â IsDB Member countries
About the Award:Â Transform is a multi-million-dollar fund that provides seed money for innovators, startups and SMEs to develop their ideas and compose a strong business proposal.
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Categories:
- Category 1: New Ideas with Proof of Concept.
- Category 2: Scaling up of Innovative Projects.
- Category 3: Commercialization of Technology.
- Category 4: Capacity Building in Science, Technology and Innovation
Type:Â Grants
Eligibility:Â Scientists, Innovators, SMEs, Private Firms, Governments & Non-Governmental Organizations, and Academic or Research and Development Institutions in IsDB Member and non-member countries, which are in need of funding support under one of the following four categories of the IsDB-STIF can apply to the categories above.
Number of Awards:Â Not specified
Value of Award:Â
- Transform can also provide funding for the commercialization of technology developed through sustained partnerships among researchers and entrepreneurs as well as capacity building support.
- Through Transform, innovative ideas will be translated into real development solutions that will address development challenges and empower the communities and youth in particular to realize their full potential.
- Linked to the Engage hub, Transform will accelerate science, technology and innovation led solutions that drive economic and social progress in the developing world.
How to Apply:Â Apply Here
Visit the Programme Webpage for Details
Award Providers:Â IsDB
