The GSM Association has opened applications for its Innovation Fund for Mobile Internet Adoption and Digital Inclusion and is offering equity-free grants of between £100 000 £250 000 to those that qualify.
The fund is aiming at supporting startups or small businesses based in Sub-Saharan Africa or Asia that are helping people get online for the first time using mobile internet.
The GSMA Innovation Fund for Mobile Internet Adoption and Digital Inclusion aims to support innovative solutions to increasing mobile internet adoption and use for those currently not using mobile internet services.
The GSMA says it will fund projects that focus on innovations that overcome a number of the barriers to internet adoption including accessibility, affordability, digital skills and safety and security. Applicants must look to demonstrate commercially sustainable models that can be scaled and replicated in similar environments.
How to apply for the GSMA Innovation Fund
The GSMA recently hosted a webinar in which they shared additional information about the GSMA Innovation Fund and guidance to help you complete your application.
If you believe your startup is helping people get online, especially for the first time, you can submit your project with the deadline for submission being 22 May 2020. You can as well download the terms and conditions document which contains details on the eligibility criteria and application process.
Also read about the new mobile app is called Bundle, by Binance, which has been launched to serve as a social payment app for fiat money and cryptocurrencies.
