| Opportunities/Innovations
fund
FSD has established an Innovations Fund to encourage new ideas
from the private sector to expand the supply of financial services
in Kenya on a commercially viable basis. The Fund will co-finance
the development and implementation of projects in priority markets.
In this first phase, projects are sought which have the potential
to significantly expand finance in two key segments:
- Finance for smallholder agriculture
- Small and medium enterprise (SME) finance
Innovations which the Fund can support include the application
of new technologies, novel delivery channels or partnerships
and innovative products. The emphasis will be on innovations
within the context of the Kenyan financial markets; application
of ideas proven elsewhere but new to Kenya will also be encouraged.
The level of support which can be offered by the Fund will vary
according to project requirements, but in all cases significant
cost sharing will be required from implementing partners.
Applications are especially welcome from private sector companies
which have not previously worked with development organisations.
If you have an innovative idea which you think the Innovations
Fund should support then let us know. To review or download
the briefing note on the Fund in PDF format, click
here or write to: info@fsdkenya.org
requesting for the same.
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