Deadline: 31 July 2015
Citi Foundation has launched the India Innovation Grant Program – a unique initiative that aims to encourage and accelerate innovative financial inclusion for low-income populations. Through this effort, Citi Foundation will invest up to INR 125 Million to support NGOs to develop new and innovative financial education and inclusion programs that are scalable and replicable.
The Citi Foundation’s mission in India is to address the country’s socio-economic challenges. Through this strategic Grant, the aim is to enhance/ facilitate financial inclusion, promote responsible financial behavior via increased financial literacy and create new income generating opportunities for economically challenged individuals and households.
Through the India Innovation Grant Program, the Citi Foundation will select and award grants to eligible NGOs in India employing innovative approaches to accelerate and deepen financial inclusion among low-income populations.
All applicants to the 2015 India Innovation Grant Program should comply with the following:
- Be registered as a not-for-profit entity such as a Society, Trust, Section 25/ Section 8 Company
- Be registered with the Ministry of Home Affairs under the FCRA regulation
- Be in existence and have a consistent track record during the immediately preceding three financial years in India in areas of financial education and economic empowerment of low income households.
For more information, visit this link.
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