Request For Proposal 2012 - AVINA: Latin American Impact Economy Innovations Fund
Thursday, November 15, 2012
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Closing Date: November 30,2012:
FundaciĆ³n Avina, Avina Americas, Omidyar Network,
and The Rockefeller Foundation (the Partners) invite proposals from
organizations interested in receiving support to fuel initiatives aimed at
fostering Latin America’s impact economy, specifically by aiding the growth of
the impact investing industry and social enterprise sector.
The goal of the Latin America Impact Economy
Innovations Fund (IEIF) is to catalyze collective action and regional market
development that will accelerate these market driven solutions for advancing
social goals. Organizations may apply to the Impact Economy
Innovations Fund for grants of up to 12 months; with a maximum total request of
US$150,000. Applicants may participate in more than one grant proposal.
The IEIF seeks to support approximately 5-8
proposals. Total funds available for this RFP are US$840,000. Specific funding
priorities of the IEIF will be influenced by the discussion to take place on
October 19, 2012 at the impact investing forum co-hosted by Avina, Omidyar
Network and The Rockefeller Foundation. In general, the IEIF will fund proposals geared towards projects that seek to:
• enable earlier stage capital solutions
• foster entrepreneurial ecosystems
• produce research into policy development
focused on:
o strengthening the enabling environment for
“base of the pyramid” (BOP) entrepreneurship and impact investing
o strengthening business acceleration/incubation
for BOP centered enterprises
o fostering angel impact investment
o ensuring competition
o ensuring BOP consumer protection
o building strong relationships with government
and joint understanding of goals of businesses serving the poor
• promote impact investing industry
infrastructure (e.g. facilitating adoption of IRIS, GIIRS)
• establish industry infrastructure/market
ecosystems sector by sector (e.g. industry association for mobile payments
providers for the BOP)
• form leadership and networking platforms for
common action (e.g. establishment of local GIIN or ANDE chapters; association
of business accelerators/incubators focused on social enterprise; sector based
associations).
All proposals must demonstrate a nexus between
the project and the furtherance of charitable goals such as research, promoting
sustainable development in underdeveloped areas, or protecting the environment.
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