GSMA launches new innovation fund to address humanitarian challenges - News Summed Up

GSMA launches new innovation fund to address humanitarian challenges


The GSMA has announced the launch of its newest GSMA Innovation Fund, in partnership with the UK Foreign, Commonwealth and Development Office (FCDO), to address humanitarian challenges. Through its GSMA Innovation Fund, the GSMA has distributed over GBP5 million (US$6.3 million) to startups, SMEs and social enterprises since 2017. Its latest fund, the GSMA Humanitarian Innovation Fund, provides grant funding of up to GBP250,000 (US$320,000) and additional non-financial and technical assistance to test and support new solutions that use digital technologies – especially mobile – to address humanitarian challenges in low- and middle-income countries. Humanitarian challenges include, but are not limited to, food insecurity, displacement, and natural hazards such as floods, earthquakes and typhoons. Applications are open here until February 12, 2024.


Source: The North Africa Journal December 15, 2023 13:03 UTC



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