Frontier Innovators Is Looking For Innovative Businesses In The Asia-Pacific Region: What To Know and How To Apply
Frontier Innovators, an initiative of innovationXchange delivered by SecondMuse, is an innovation challenge program looking for innovative businesses with solid business and ambition for growth and that are delivering development impact and contributing to achieving Sustainable Development Goals in the Asia-Pacific region.
Applications for the program is open now. Winning businesses will receive grant funding up to $100,000 AUD and 3-6 months long tailored support, along with access to advisors, potential partners and investors to scale and grow their business.
On the top of that, a cohort of finalists from each region will also be given access to training and mentoring opportunities.
The deadline for the application is set on September 30th, 2017. More:
- The program is open to any social enterprise, for profit and other types of entities regardless of legal formation status that is generating revenue, delivering impact in the society and looking to grow their business.
- While the program targets Asia-Pacific region for impact, your business can be based anywhere as long as you impact the Asia-Pacific region
- 15 businesses will be selected for this cohort of the program.
- Frontier Innovators is part of a big social entrepreneurship program worth $15 million to support the ecosystem for businesses in Asia-Pacific region using market-based approaches to deliver development outcomes, a growing trend in the development sector.
Apply and know details
This is an incredible opportunity for early and growth stage enterprises to raise initial investment, build connections and gather support to grow their business. If you think your business meets the criteria, you may apply for the program. To know more about the program and the application procedure, please visit here.
innovationXchange and Frontier Innovators
innovationXchange, that hosts Frontier Innovators, is an initiative of Australian Government – Department of Foreign Affairs and Trade.
Launched in 2015, innovationXchange aims to catalyse and support innovation across the Australian Aid program with an ambition to make innovation an intrinsic part to the delivery of the whole aid program.
In a way, this is a classic example of the changing nature of grant and development funding across the globe which has left development sector in limbo and caused a swift rearrangement in the space. A complete shift from NGO style funding to a more impact invest style funding.
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