Project Description
GenEm Foundation
Type of project: Sustainable livelihoods and social enterprises at the base of the pyramid. We work with aligned co-investors to offer catalytic and concessionary social investment to revenue-generating social enterprises, and where needed, grants for training and market development. We look for opportunities for sustainable, long-term income generation benefiting marginalised communities currently beyond the reach of traditional government or market-based solutions. We are comfortable with financial risk in our social investments. We expect to take impairment in the pursuit of impact. We review ideas and proposals throughout the year, meaning there is no ‘deadline’ and no initial application form. There is no minimum or maximum timescale. Our social investments are structured over two to 10 years typically. Our usual practice is to support grant projects over a three-year horizon.
Location: The majority of the work and benefits take place in a developing country indicated on the country list.
Grant size: Typically between US $50,000 – $400,000.
Eligibility: The project manager is registered as an organisation in their operating country or formally associated with an organisation with a social purpose recorded on an official register in the UK, the US, Australia, Canada, a member state of the European Union, New Zealand or Singapore.
Apply: https://www.giml.co.uk/genesis-charitable-trust