Empowering SMEs to create dignified and fulfilling work for your people

The Agribusiness Challenge Fund is now closed. stay tuned for the launch of the Climate Impact Challenge Fund

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The Agribusiness Challenge Fund is now closed. stay tuned for the launch of the Climate Impact Challenge Fund

Introducing the Fund

Mastercard Foundation Fund for Resilience and Prosperity is a seven-year, US$126 million fund that aims to support Small and Medium-sized Enterprises (SMEs) across the agriculture, Climate Impact, digital economy and health sectors in 20 countries in Sub-Saharan Africa.

The main objective of the Fund is to support SMEs for the purpose of catalyzing, scaling-up and sustaining the creation of dignified and fulfilling work opportunities for young women and men with limited financial means, including young people with disabilities and refugee youth.

The Fund aims to support an innovative SME portfolio (including women-led SMEs) with high impact potential for creating and sustaining dignified and fulfilling work opportunities for young women and men with limited financial means.

Interventions

The Fund for Resilience and Prosperity aims to address a broad spectrum of
SME-specific challenges as well as macro issues using four interventions:

Challenge Fund

Connect Fund

Technical Assistance

Convening and Influencing

Focus Sectors

The Fund has a focus on work creation by SMEs that can be working in any
sector but creating work for young people with limited financial means in four
key areas.

Each of these focus areas will have competitive challenges or calls for
proposals that SMEs can apply to for a chance to be selected as Fund
participants. Women-led SMEs are encouraged to apply for support.

Agriculture

Climate Impact

Digital Economy

Health

The Opportunity for work creation

Where are the opportunities and challenges for creating dignified and fulfilling work opportunities for young women, refugees and young people living with disabilities?

Explore