Grand Challenges Canada, which is funded by the Government of Canada, has announced a new Request for Proposals to provide grant support for bold ideas with big impact in global health. The bold ideas integrate science and technology, social and business innovation (called as Integrated Innovation).
The goal of this Request for Proposals is to support Bold Ideas for solutions to global health problems from innovators in eligible countries
Grand Challenges Canada has developed the Stars in Global Health program to support bold ideas with big impact from the best and brightest talent. At the core of its operating philosophy is Integrated Innovation, which is the coordinated application of scientific/technological, social and business innovation to develop solutions to complex challenges, and to identify and overcome barriers in order to sustainably bring these solutions to scale.
Grand Challenges Canada expects that the innovative ideas it funds will eventually be scaled up through partnerships, either from the private sector, the public sector or a combination of both. Applicants should convincingly show how and why they think their projects will eventually be scaled.
Private Sector Scaling: Examples of scaling through the private sector are those projects that are commercially viable or provide value to attract a private sector partner, either because production costs and sales prices are such that they are profitable, there is Shared Value, or beneficiaries demand the innovation and are willing to pay for it themselves.
Public Sector Scaling: These are projects that are likely to compel host country government ministries and departments, multilateral donors or other public sector players to scale them. These projects will provide evidence of cost-effectiveness that result in action.
Assuming a sufficient number of proposals of merit, it aims to fund 50–100 projects in this round. It anticipates that the proportion of awardees will be at least 65% from low-and middle-income countries (LMICs), with the balance from Canada. Awards are valued at $100,000 CAD for up to 18 months to demonstrate proof-of-concept of the idea.
For more information, visit this link.