Funding Opportunity: Palladium Challenge Fund

About the Organization

Palladium works with governments, businesses, and investors to solve the world’s most pressing challenges. We have nearly 60 years of experience creating strategies, building partnerships, mobilising capital, and implementing programs that transform societies, economies, and lives. In the last year alone, we’ve supported our clients to improve the lives of 76 million people across the globe.

About the Fund

The future demands new thinking, new approaches, and new solutions. The Palladium Challenge Fund brings in ideas from our network in over 90 countries and partnership with over 1,600 organisations globally to source innovative responses to global challenges. We fund organisations and initiatives that:

  • Pilot new technologies and innovative approaches
  • De-risk start-up ventures
  • Deliver outcomes from innovative financial mechanisms
  • Support the convening of innovative challenges

The gap between humanitarian needs and available resources is growing, exacerbated by climate change and global instability. We need to change how we deliver humanitarian action.

Technology offers real potential to deliver faster, more sustainable, and fully localised humanitarian response.

The 2023 Palladium Challenge Fund: Technology for Humanitarian Action is seeking proposals from organisatins with innovative solutions to humanitarian crisis – unlocking the value of technological innovation or scaling existing innovations. We’re particularly interested in proposals that empower local communities and offer sustainable, long-term solutions.

We are looking for solutions that:

  • Pilot new technologies and innovative approaches
  • De-risk start up ventures targeting humanitarian response and / or address constraints in the humanitarian system
  • Convene groups around innovation for humanitarian response
  • Scale existing innovations

Grant size

Palladium Challenge Fund (up to AUS100.000): Funded activities are solicited and assessed following a challenge fund model against an annual theme with priority given to proposals that test or demonstrate innovation.

Eligibility

  • The Palladium Challenge Fund is open to applications from all types of organisations. They particularly welcome applications from small and/or start-up organisations that demonstrate innovation and scalability.
  • The application process (for referring projects for funding) is both open and accessible to employees, external partners, and other interested parties. Only applications presented in the Palladium Challenge Fund Application Form and related to the annual theme will be considered. Any other letters of requests for grant support cannot be considered.
  • Applications to the Palladium Challenge Fund are deemed eligible for funding if they are:
  • from a for-profit, non-for profit or grassroots entity including small and/or start up organisations;
  • for single year activity however multi-year applications are considered on a case-by-case basis.
  • All applicants must:
  • adhere to Palladium ethical business practices;
  • drive impact in countries in which Palladium is working;
  • ensure the appropriate approvals are in place to deliver activity in any target countries;
  • not have been the subject of any proceedings or other arrangements relating to bankruptcy. insolvency or financial standing in the last 5 years;
  • have fulfilled all obligations relating to the payment of income tax and/or sales tax or other tax contributions within the country;
  • declare any conflict of interests which impact the application — both perceived and real — and include details of how any conflict of interest concerns can be mitigated.

How to Apply

22 December: Application Submission deadline

For more information, visit: Link

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