Funding news

New Global Poverty Action Fund opened by DFID - 28 October 2010

The Department for International Development (DFID) has opened a new fund, the Global Poverty Action Fund, in support of delivering poverty reduction in developing countries.

The demand-led fund, announced on 27 October, will provide funding to projects focused on service delivery in support of poverty reduction and the most off-track Millennium Development Goals in poor countries. Projects will be selected on the basis of demonstrable impact on poverty, clarity of outputs and outcomes, and value for money.

The programme will comprise of two funding streams, Innovation grants and Impact grants. The former providing small-scale grants to UK-based organisations delivering medium-high risk innovative projects and the latter, providing larger grants to UK-based organisations delivering low-risk projects that provide the most value-for-money delivery of poverty reduction.

The fund is open until 14 December and further details can be found on DFID's website.