Shhhh! What Mastercard doesn't tell you about the Climate Impact Challenge Grant.
Dissecting the new grant opportunity for climate SMEs in Africa for up to $2.5M
As a follow up to last year’s Agribusiness Challenge, the Mastercard Foundation’s Fund for Resilience and Prosperity will soon open applications for their new “Climate Impact Challenge Fund” | Up to $2.5M in grants for companies in Africa.
You may have seen us send it out via our newsletter a few weeks ago. Here’s the quick scoop:
Climate Impact Challenge Fund. Mastercard Foundation.
• Opening Soon
• Supporting SMEs to create jobs for young people.
• Sectors include: ecotourism, agroforestry, conservation, regenerative agriculture, blue economy, renewable energy, e-mobility, circular economy and others.
• Benin, Burundi, Botswana, Cameroon, Côte d'Ivoire, Democratic Republic of Congo, Ethiopia, Ghana, Kenya, Malawi, Mozambique, Nigeria, Rwanda, Senegal, Sierra Leone, South Africa, South Sudan, Tanzania, Uganda and Zambia.
• Eligible to for-profit small or medium sized enterprises.
• $500k to $2.5m. Matching contribution of at least 30%.
• May 9, 2025.
👇👇👇 But here's what Mastercard won't tell you. 👇👇👇
As part of Grant & Co’s innovative approach to grant writing (and fundraising in general), we’ve put together some of our *Insider Insights* for this new opportunity.
In the video below, we share priceless information about what applicants need to win:
📈 $ Revenue you need
🔢 # Of jobs created to be eligible
👷🏽♀️ % Of the jobs that HAVE TO be women
And you won't find this info anywhere on Mastercard's website.
We’re bringing it to you for FREE as a subscriber to our Substack and as part of our goal to making an entrepreneurs search for funding as easy as booking an Airbnb.
Part of better fundraising is taking time to dissect a new grant opportunity to really understand…
“Does it make sense for my business to apply? Do we have a shot at winning this?”
Keep an eye on your inbox for more grants in Africa, as well as (by popular demand from our subscribers) insights, tips, and strategies to help make your capital raising journey easier.
Interested in seeing what your chances of winning the Climate Impact Challenge Fund are?