Call for Applications: Islamic Development Bank Science, Technology and Innovation Transform Fund (IsDB-STIF) 2019

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The Islamic Development Bank (IsDB) has established a special Fund, known as Science, Technology and Innovation Transform Fund (IsDB-STIF) to support its Member Countries in finding practical solutions to their key development challenges through the power of innovation.

Application Deadline: 1st June 2019

Eligible Countries: IsDB Member countries

About the Award: Transform is a multi-million-dollar fund that provides seed money for innovators, startups and SMEs to develop their ideas and compose a strong business proposal.

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  • Category 1: New Ideas with Proof of Concept.
  • Category 2: Scaling up of Innovative Projects.
  • Category 3: Commercialization of Technology.
  • Category 4: Capacity Building in Science, Technology and Innovation

Type: Grants

Eligibility: Scientists, Innovators, SMEs, Private Firms, Governments & Non-Governmental Organizations, and Academic or Research and Development Institutions in IsDB Member and non-member countries, which are in need of funding support under one of the following four categories of the IsDB-STIF can apply to the categories above.

Number of Awards: Not specified

Value of Award: 

  • Transform can also provide funding for the commercialization of technology developed through sustained partnerships among researchers and entrepreneurs as well as capacity building support.
  • Through Transform, innovative ideas will be translated into real development solutions that will address development challenges and empower the communities and youth in particular to realize their full potential.
  • Linked to the Engage hub, Transform will accelerate science, technology and innovation led solutions that drive economic and social progress in the developing world.

How to Apply: Apply Here

Visit the Programme Webpage for Details

Award Providers: IsDB

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