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The STI Fund by the Islamic development Bank for Innovators in the Muslim World

» Accelerators, Incubators, Funding, Grants, Competitions for startups, Non-Degree Opportunities
تم إضافتها الى المفضله 🥳
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Deadline:

1 June 2019.

Location:

Online

(Partially Funded)

[vc_text_separator title=”  Description   ” title_align=”separator_align_left” color=”green” border_width=”2″]

The Science, Technology and Innovation Transform Fund (IsDB-STIF)

The IsDB Science, Technology & Innovation Fund (IsDB-STIF) was established in July 2017, with an initial target size of five hundred million United States Dollars (US$ 500 million).The Fund Capital shall consist of contributions by the Bank, member countries and non-member countries of the Bank, entities, institutions, foundations, corporates and individuals within and outside member countries

[vc_text_separator title=”  More Details   ” title_align=”separator_align_left” color=”green” border_width=”2″]

Funding Categories
Innovators, scientists, SMEs, private companies, Non-Governmental Organizations(NGOs), governments and academic or research and development institutions based in IsDB Member and non-member countries, which fall under one of the following four categories, are eligible for the utilization the 30% non-endowment component of the Fund Capital:

Opportunity Focus Areas:

  • Category 1: New Ideas with Proof of Concept.
  • Category 2: Scaling up of Innovative Projects.
  • Category 3: Commercialization of Technology.
  • Category 4: Capacity Building in Science, Technology and Innovation

[vc_text_separator title=” Required Languages  ” title_align=”separator_align_left” color=”green” border_width=”2″]

English.

[vc_text_separator title=” Eligible Countries  ” title_align=”separator_align_left” color=”green” border_width=”2″]

EGYPT, SYRIA, IRAQ, PALESTINE, JORDAN, LEBANON, TUNISIA, ALGERIA, MOROCCO, SUDAN, LIBYA, SAUDI ARABIA, EMIRATES, KUWAIT, QATAR, BAHRAIN, OMAN, YEMEN, SOMALIA, DJIBOUTI, MAURITANIA, TURKEY, IRAN, CYPRUS, COMOROS, & OTHER COUNTRIES ARE NOT FROM THE MIDDLE EAST AND NORTH AFRICA.

[vc_text_separator title=”  Program Period ” title_align=”separator_align_left” color=”green” border_width=”2″]

 Varies depending on the funding category and the applicants’ type.

[vc_text_separator title=” Eligibility Requirements (Criteria) ” title_align=”separator_align_left” color=”green” border_width=”2″]

  • ♦The IsDB-STI Fund will support eligible scientists, innovators,SMEs and institutions that need initial funding and growth capital for their ideas/ projects. These ideas/ projects will result in technologies and solutions that will contribute to the development effectiveness of IsDB Member Countries and Muslim communities in non-member countries.
    For more details about the eligibility requirements click here

[vc_text_separator title=” Opportunity Cost  ” title_align=”separator_align_left” color=”green” border_width=”2″]

(Partially Funded)

Category 1: Such candidates are eligible for receiving grant supports ranging from US$ 50,000 to US$ 100,000

Category 2: Such candidates are eligible for up to US$ 300,000 in the form of equity participation by the Bank

Category 3: Such candidates/institutions are eligible for up to US$ 1million (one millionUnited States Dollars) as equity participation by the Bank

Category 4: Such candidates are eligible for receiving funds up to US$ 100,000-150,000 by ways of grants to contribute to the financing of their proposed capacity development activities in the selected country

[vc_text_separator title=”  How to Apply  ” title_align=”separator_align_left” color=”green” border_width=”2″]

First Step: Eligible scientists, innovators, NGOs, private companies, research institutions which are in need of funding support under one of the four categories must express a call for innovation via STI Transform Fund by filling the online application form.

Second Step: The request must be accompanied by an initial idea concept note (in the case of Category one) or detailed project technical proposal / feasibility study (in the case of other categories) demonstrating, among others, the requested information under category and supported by illustrative media means (e.g. photos, videos, demos, etc.

Third Step: create account and apply from here

[dt_button link=” https://www.isdb-engage.org/en/registration/64 ” animation=”fadeIn” size=”medium” style=”default” bg_color_style=”default” bg_hover_color_style=”default” text_color_style=”default” text_hover_color_style=”default” icon=”fa fa-chevron-circle-right” icon_align=”left”] Apply Now [/dt_button]

[vc_text_separator title=”  More Details  ” title_align=”separator_align_left” color=”green” border_width=”2″]

Know more about this opportunity:

[dt_button link=”https://www.isdb-engage.org/en/challenge/call-for-innovation-via-transform-fund-2019″ animation=”fadeIn” size=”medium” style=”default” bg_color_style=”default” bg_hover_color_style=”default” text_color_style=”default” text_hover_color_style=”default” icon=”fa fa-chevron-circle-right” icon_align=”left”] Official Website [/dt_button]

[vc_text_separator title=”  Marj3 recommended links ” title_align=”separator_align_left” color=”green” border_width=”2″]

To learn how to write CV, Essays, Personal statement,  and know about recommendation letters click here:

[dt_button link=”https://www.marj3.com/important-requirements” animation=”fadeIn” size=”medium” style=”default” bg_color_style=”default” bg_hover_color_style=”default” text_color_style=”default” text_hover_color_style=”default” icon=”fa fa-chevron-circle-right” icon_align=”left”] Marj3 recommended links [/dt_button]

This Scholarship Published by:
” bassem nabarawy/ egypt“

Reviewed by” Hend Younis / Egypt ”
MARJ3 Intern
MARJ3 Scholarships team

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  • Location

Online

  • Funding type

Partially Funded

  • Opportunity type

Accelerators, Incubators, Funding, Grants, Competitions for startups, Non-Degree Opportunities

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