Design Funding

Convergence offers feasibility study and proof of concept grant funding for practitioners to design catalytic blended finance vehicles that aim to attract private capital to global development at scale. Through these grants, Convergence also aims to foster market-wide learning.

CURRENT FUNDING OPPORTUNITIES

OPEN WINDOW

Under the Open Window, practitioners can apply for funding to design any blended finance vehicle that addresses a specific development challenge and meets the Open Window eligibility criteria and mission of Convergence.

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LATEST GRANTS

DESIGN OF WOMEN’S WORLD BANKING CAPITAL PARTNERS FUND II
Women's World Banking

DESIGN OF WOMEN’S WORLD BANKING CAPITAL PARTNERS FUND II

Design of Climate Finance Facility (CFF), the developing world’s first “Green Bank”
DBSA & Coalition for Green Capital

Design of Climate Finance Facility (CFF), the developing world’s first “Green Bank”

Design of Food Securities Fund, an open-ended investment fund for private credit in agriculture
Clarmondial

Design of Food Securities Fund, an open-ended investment fund for private credit in agriculture

Design of a Development Impact Bond to Fund Employment Interventions For Syrian Refugees in Jordan, Turkey, and Lebanon
Kois Invest

Design of a Development Impact Bond to Fund Employment Interventions For Syrian Refugees in Jordan, Turkey, and Lebanon