Looking to get funding for your development non-profit? The Development Marketplace is currently accepting grant proposals for programs which aim to bring about positive impact.
Backed by the World Bank, the Development Marketplace (DM) provides vital funds to projects which employ innovative, grassroots methods to address specific humanitarian issues.
This year’s India section is looking for registered non-profit organisations based or working in Madhya Pradesh, Chhattisgarh or Jharkhand which have been operational for at least two years. Projects which are operational in other parts of the country that are looking to extend their work to these areas are also encouraged to apply. The application deadline is fast approaching with all submission due by Wednesday 20 February.
Globally speaking, the DM has awarded upwards of 60 million USD to social enterprises and non-profits working at the community level and addressing specific problems. Projects in India that have received funding or support through the DM program include VisionSpring, which provides reading glasses to the poor; GOONJ, an organisation accepting old clothes and recycling them; and Gram Vikas, an organisation providing biogas electricity to remote tribal communities in Odisha.
The awards ceremony will be held in Bhopal in April where the 15, jury-selected winners will be announced. Projects already operational in the aforementioned states have the chance to win 50,000 USD in grants while non-profits looking to extend their operations to these states can go in the running to win up to 100,000 USD. Aside from financial support, all winners will also receive ongoing mentoring and technical assistance over a 15 month period.
Interested in applying or wish to know more? Check out their website here.