Islamic Development Bank Called for Innovation via Transform Fund 2020
The IsDB Group is coordinating a wide-ranging response to the impact of COVID-19. It has set up a Strategic Preparedness and Response Facility which will oversee a response package. The facility will focus on emergency preparedness to curb the spread of the COVID-19, minimizing the socio-economic impact of the pandemic especially on poor communities, and building the resilience of their Member Countries in responding to outbreaks and pandemics.
The IsDB announced the Transform Fund Call for Innovation 2020 will focus entirely on supporting their Member Countries long-term preparedness and response to the COVID-19 pandemic. This Call will operate in addition to the IsDB Group’s other wide-ranging initiatives coordinated by The IsDB Strategic Preparedness and Response Facility.
Open from 1 April 2020, the Call for Innovation will identify, encourage, and reward innovative proposals that will benefit local communities focused on the following:
1-The application of advanced technology
the powerful search engine of medical supplies, new Biosafety Laboratory Level-3 Design technology, and biocontainment.
2-Innovative health supply chain management systems
the powerful search engine of medical supplies, new Biosafety Laboratory Level-3 Design technology, and biocontainment.
3-Development of Low-cost rapid tests and screening methods
such as Point-of-Care rapid tests, molecular tests, and diagnostic test quality, for early detection, diagnostic, treatment, and prevention solutions including vaccine production for COVID-19 and future emerging highly infectious diseases.
Capacity building interventions
targeted at improving operational capacities of health care providers in the field epidemiology and infection control management of highly pathogenic cases, such as training, deployment of software applications, awareness campaigns, service delivery, or research centers.
The Fund will look for applications specifically linked to tackling COVID-19 in relation to the following six UN Sustainable Development Goals:
The categories of application are:
New Ideas with Proof of Concept, Funding Opportunity: Grants ranging from US$ 50,000-100,000
Capacity Building in Science, Technology and Innovation Funding Opportunity: Grants ranging from US$ 100,000-150,000
Scaling up of Innovative Projects, Funding Opportunity: Equity Participation up to US$ 300,000
Commercialization of Technology Funding Opportunity: Equity Participation up to US$ 1,000,000
Through Transform, innovative ideas will be translated into real development solutions that will address development challenges and empower the communities and youth in particular to realize their full potential.
APPLY FOR GRANT
Source:
https://www.isdb-engage.org