ACT Foundation opens grant for innovators, NGOs
Aspire Coronation Trust Foundation (ACT), one of Africa’s leading grant-making bodies, has announced the opening of its annual grant cycle for eligible nonprofit organisations and social enterprises based on the Foundation’s long-standing commitment to driving sustainable impact across Africa.
For the 2023 grant cycle, ACT Foundation will welcome advanced, next-generation social entrepreneurs and community leaders building ventures that create impactful and scalable innovations within the Foundation’s key focus areas – Health, Entrepreneurship, Environment, and Leadership.
Successful applicants will be invited to submit a full proposal with a detailed grant budget. After a thorough review by independent consultants and a final selection of the proposals, organisations will be formally notified of the next steps.
Speaking on the grant, CEO of ACT Foundation, Osayi Alile, said: “ACT Foundation is demonstrating its commitment to unleashing the potential of young African entrepreneurs, the key to Africa’s long-term economic transformation. There are various challenges across the continent, and with the 2023 grant cycle, we aim to unearth innovations that will break the cycle of poverty, weak health systems, low-quality 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.
Funding applications opened on October 17 and will close on November 11.
To learn more about funding opportunities and eligibility criteria, please visit https://actrustfoundation.org/
Since its inception in 2006, Aspire Coronation Trust (ACT) Foundation has remained resolute in its support of local, national and regional non–profit organisations working to address challenges and associated vulnerabilities across the African Continent.
From health to entrepreneurship, leadership and the environment, ACT Foundation’s impact 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.