Funding In The Time Of COVID-19

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Funding In The Time Of COVID-19

Times of crisis call for those who can step up to provide aid, ideas and solutions. We are currently living in those times and many businesses and organizations have stepped up to provide funding to those who can come up with ideas and solutions to help fight this global battle against the coronavirus or those who may suffer more than others for no fault of their own.

Here are some of those opportunities that will assist those who want to continue working against all odds.

Bumble Supporting Small Businesses
About
Small businesses are in a tough position due to COVID-19 and Bumble wants to help as much as they possibly can. They will support 200 businesses in 11 countries.
Deadline
April 9, 2020
Benefits
Up to $5,000 in monetary support from Bumble.

Omidyar’s Rapid Response Funding for COVID-19
About
To tackle the challenges posed by the COVID-19 situation and the consequent socio-economic impact, Omidyar recognises that the slowdown will most impact the vulnerable sections of our population and large swathes of India’s ‘next half billion’ (NHB), whom they seek to serve – the vendors, daily wage earners, the gig-economy workers, and small businesses. Therefore they are announcing a rapid response window to fund proposals that support the lower 60% of India’s income distribution in managing and mitigating the challenges that come with COVID-19.
Deadline
Rolling basis until further notice
Benefits
Rs. 7.5 crore ($1 million) in aggregate under this initiative. [Proposals in the range of Rs. 5 lakh to Rs. 2 crores]

National Geographic’s COVID-19 Emergency Fund For Journalists
About
As COVID-19 continues to evolve and impact communities around the globe, the National Geographic Society is launching an emergency fund for journalists all over the world who wish to cover COVID-19 within their own communities. This fund will place particular emphasis on delivering news to underserved populations, particularly where there is a dearth of evidence-based information getting to those who need it. They are interested in local and even hyper-local distribution models. This fund is designed to quickly deliver support so that both individual stories and longer series of the content may be created.
Deadline
Rolling basis until further notice
Benefits
Ranging from $1,000 to 8,000 USD

Act Grants’ Action in the time of COVID-19
About
INR 100CR grant created by India’s start-up community to give wings to ideas that could combat COVID-19 with immediate impact. We are seeking capital-efficient, scalable solutions from NGOs and innovative startups which need an initial seed grant to fight the spread of the pandemic.
Deadline
Rolling basis until further notice
Benefits
Capital: Between INR 1 lakh to 10 crores
Connections: Stakeholders like hospitals, governments, businesses
Consulting: Strategy, planning, execution

Marico Innovation Foundation’s Innovate2BeatCovid
About
Marico Innovation Foundation is calling upon MedTech entrepreneurs, corporates and innovators who can solve the med-tech challenges faced in the on-going COVID-19 crisis. Join them in their audacious endeavour. This is one of a kind dynamic grand challenge where they are focussing on specific problems statements. As the pandemic progresses, the grand challenge may expand to other items of critical need in consultation with medical experts.
Deadline
For solutions that are ready to manufacture by April 15, 2020
Benefits
3 winners to receive INR 40 lakh each
Total Grant Money of INR 2.5 Crores

We will keep updating this space with more opportunities as and when they become available.

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