Innovation Fund Criteria

Abstract

Innovation Fund: Agility and ability to respond to emerging opportunities will be key for GLDC to respond to scale-out opportunities. Consequently, GLDC will establish an Innovation Fund to provide a mechanism to seize emerging opportunities that will catalyse market development, especially in service of women farmers for whom GLDC crops are an important component of their farming system. GLDC will set aside an Innovation Fund that is used to incentivize innovation to address key market and institutional barriers that women and men farmers face. Interventions can range from innovative seed systems, value addition, market integration through to domain-specific decision-support tools and delivery mechanisms. Innovations should cross more than one Flagship domain but preference will be given to farmer- and market-facing innovations that incentivize local partners to making farming GLDC crops a viable enterprise. A robust, transparent process will be implemented to ensure fund expenditure adheres to formal governance process.