The ACT Foundation announces grant opportunities for innovators and nonprofit organizations working in the fields of health, entrepreneurship, environment and leadership

Aspire Coronation Trust Foundation (ACT)one of Africa’s leading grantmaking agencies, has announced the opening of its annual grant cycle to eligible nonprofits and social enterprises based on the Foundation’s long-standing commitment to fostering sustainable impact across Africa.

Funding applications are open from October 17, 2022 to the closing date on November 11, 2022 at 11:59 p.m. (WAT). Successful applicants and grant awards will be announced in the first quarter of 2023.

To learn more about funding opportunities and eligibility criteria, please visit https://actrustfoundation.org/grants.php.

For the 2023 grant cycle, the ACT Foundation will welcome progressive next-generation social entrepreneurs and community leaders building projects that create impactful and scalable innovation in the Foundation’s focus areas of health, entrepreneurship, environment and leadership. Ideal applicants must demonstrate a proven track record of innovation, entrepreneurship and leadership in their community.

Successful applicants will be asked to submit a full proposal with a detailed grant budget. After a thorough review by independent consultants and a final selection of the proposals, the organizations will be officially informed about the next steps.

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Now more than ever, the ACT Foundation is demonstrating its commitment to unleashing the potential of young African entrepreneurs, which is key to Africa’s long-term economic transformation,” said ACT Foundation CEO Osayi Alile. “Different challenges exist across the continent, and with the 2023 funding cycle we aim to uncover innovations that will break the cycle of poverty, weak health systems, poor education, climate change and economic inequality in Africa.”

“With the rapid development of the global digital economy and the availability of technology, the next century belongs to Africa,” Alile added. According to her, the ACT Foundation focuses on impact-driven projects that create lasting impact for people, communities and the world at large.

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Since its inception in 2006, the Aspire Coronation Trust (ACT) Foundation has been committed to supporting local, national and regional non-profit organizations working to address challenges and related vulnerabilities across the African continent.

From health to entrepreneurship and leadership to the environment, the impact of the ACT Foundation continues to touch lives in all 36 states of the Nigerian Federation and eight other countries in Africa, benefiting over two million people across the continent.

Application Guidelines

Submissions opened on Monday, October 17, 2022 and will close on November 11, 2022 at 11:59 p.m. (WAT). Late registrations will not be considered. Only one entry will be accepted per organization. Once an entry has been submitted, further changes will not be accepted. All entries must be submitted in English. No entry fee, purchase or payment of any kind is required to apply.

Eligibility Criteria – Organizations must:

  • Submit social innovations that address challenges in one of the foundation’s focus areas – health, entrepreneurship, environment and leadership.
  • They must have been registered with the relevant legal entity in their respective (African) countries for at least two years (24 months).
  • Be legally registered as a Non-Profit Organization (GTE/LTD). However, if you apply as a social enterprise, the foundation will only fund initiatives that are not for profit.
  • Demonstrate a robust governance structure. Information on the board of directors should be included in the company’s registration documents.
  • Show evidence of other funding sources.
  • Have a minimum workforce of 3 part-time/full-time paid employees.
  • Be directly responsible for preparing and managing the project, ie not acting as an intermediary.
  • Program/initiative must be implemented in Africa.

lock – ACT Foundation grants WILL NOT be extended to:

  • individuals.
  • Non-profit organizations without a statutory board of directors or trustees (as indicated in your registration documents).
  • Any company that has a history of mismanaging funds from other foundations.
  • Political parties, campaign groups, institutions or their subsidiaries and affiliates.
  • Organizations that advocate, promote, or support inhumane policies, illegal activities, or terrorism.

For more information, please visit http://changemakers.actrustfoundation.org/ or follow @actfoundation_on social media.

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