grant_single_labels|summary

grant_single|eligibleFinancing
  • grant_single|noCondition
grant_single|deadlines
  • grant_single|openingDateNovember 14, 2019
grant_single|financingType
Loans and Capital investments
grant_single|eligibleIndustries
  • grant_single|allIndustries
grant_single|grantors
  • FinDev Canada (DFIC)
  • Government of Canada
grant_single|status
grant_card_status|open

grant_single_labels|preview

Direct loans, loan guarantees, structured project financing and investments are available for companies operating in developing countries that bring sustainable social and economic benefits to local communities.

grant_single_labels|projects

This grant is available to companies that are operating in developing countries, as indicated by the focus of the funding organization, FinDev Canada. These geographical areas are chosen to advance the objectives of market development and enhance social and economic impacts where they are most needed.
  • Companies operating in developing countries across global regions.
grant_single|admissibleProjectsExample

$120,000

Toronto
Launching a mobile health clinic network in rural Kenya to improve healthcare access

$150,000

Montreal
Creating an educational technology platform for underprivileged schools in sub-Saharan Africa

$100,000

Ottawa
Initiating a waste management and recycling program in urban areas of India

$140,000

Calgary
Developing a renewable energy solution in rural communities of Tanzania to reduce carbon footprint

$170,000

Edmonton
Building affordable housing units in remote areas of Nepal to aid low-income families

$80,000

Vancouver
Establishing a fair-trade coffee cooperative in Lima with sustainable farming practices

grant_single_labels|admissibility

The eligibility criteria for this financial support focus on the applicant's alignment with FinDev Canada's strategic priorities and operational focus.
  • The applicant must be part of the private sector operating in developing countries.
  • The applicant's activities must contribute to sustainable social and economic benefits for local communities.
  • The applicant should align with priorities related to market development, gender equality, and climate and nature action.
  • The financial products offered must demonstrate a well-managed risk approach and potential for a financially sustainable portfolio.
  • The business or project should be able to leverage partnerships and embody effective governance and decision-making principles.

grant_eligibility_criteria|who_can_apply

FinDev Canada offers support to entities within the private sector that seek to promote equal, inclusive, and environmentally favorable practices in developing countries. Priority is given to those working within specific sectors that contribute to market development, gender equality, and climate action.
  • Private sector companies operating in developing countries.
  • Organizations that provide sustainable social and economic benefits to local communities.
  • Entities offering innovative financial solutions like debt, equity, and guarantees.
  • Businesses contributing to gender equality and climate and nature actions.
  • Projects aligning with the Government of Canada’s development priorities.

grant_eligibility_criteria|eligible_expenses

FinDev Canada focuses on supporting projects that create sustainable social and economic benefits in developing countries, particularly in areas that enhance gender equality and climate action. Eligible activities must align with the overarching goal of leveraging partnerships and fostering a financially sustainable portfolio.
  • Providing financial solutions including debt, equity, and guarantees to businesses in developing countries.
  • Supporting market development initiatives that demonstrate sustainable economic benefits.
  • Projects that promote gender equality and increase women's participation in the economy.
  • Climate and nature action projects aimed at mitigating climate change impacts.
  • Innovative business models that focus on sustainable development outcomes.

grant_eligibility_criteria|zone

There are specific geographic areas eligible for this grant. The focus is on developing countries.
  • Developing countries

grant_single_labels|register

Steps for application submission are not directly provided in the context. Based on common grant application procedures, here are potential steps:
  • Step 1: Research and Document Preparation
    • Review the FinDev Canada Fact Sheet and other supporting documents to understand the requirements and priorities.
    • Gather necessary internal and external documents that demonstrate alignment with FinDev's sectors of focus: market development, gender equality, and climate action.
  • Step 2: Draft Proposal
    • Prepare a comprehensive proposal detailing the project objectives, financial requirements, and expected social and economic impacts.
    • Highlight how your project aligns with FinDev Canada’s priorities regarding gender equality and climate action.
  • Step 3: Application Submission
    • Find FinDev Canada’s application portal or contact method through their official website or provided documents.
    • Submit your application documentations via the specified portal or contact point.
  • Step 4: Follow-up and Confirmation
    • Await confirmation of receipt from FinDev Canada, which typically follows successful submission.
    • Follow any further instructions provided by FinDev Canada regarding the evaluation process.

grant_single_labels|otherInfo

Here is additional relevant information for this grant:
  • FinDev Canada emphasizes leveraging partnerships to amplify the impact of its financial solutions.
  • The organization employs a nimble and innovative approach to align with private sector needs.
  • There is a focus on sustainable social and economic impact for local communities through financing solutions.
  • FinDev Canada aligns its strategy with the Government of Canada’s priorities.

grant_single_labels|documents

FinDev Canada Financing and Investment

Apply to this program