LuxAid Challenge Fund Grant
organisation
An organisation based in Luxembourg
In context
This call is open to startups, small and medium-sized businesses and social enterprises, at prototype and pilot stage, seed stage and Series A. Coverage is read from the notice itself: Global-South, Africa and Asia.
The Challenge Fund supports young enterprises in Luxembourg Cooperation's priority countries that have developed and tested innovative solutions to significant social challenges, offering co-financing to scale impact. Eligible sectors include agriculture, education, water, health, energy, and economic development.
About this grant
The LuxAid Challenge Fund targets impactful start-up enterprises and cooperatives in countries where Luxembourg's Development Cooperation is active. It is designed to propel innovative solutions with high impact potential to enhance living conditions and safeguard the environment. The fund supports enterprises in executing projects spanning 1-2 years, addressing challenges such as expanding marketing efforts and customer base, aligning business models with market needs, bolstering teams, and preparing for initial external investments. …
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Frequently asked questions
- How much funding does this grant offer?
- LuxAid Challenge Fund offers $132K.
- Who can apply for LuxAid Challenge Fund?
- Eligibility covers organisations in GLOBAL-SOUTH, AFRICA, ASIA; startup, sme, social-enterprise. The full eligibility conditions are part of the Pro detail.
Relevant sectors
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