Sage the market and technology leader for integrated accounting, payroll & HR, and payment systems, has launched the new $1 million fund open to non-profits in Africa with enterprising ideas to help improve the lives of military veterans, young people or women and girls.
The fund will be split between two rounds of $500,000; with the second round ready for July 2017. Applications for the first round are open until April 5; grants between $5,000 and $35,000 will then be awarded to successful applicants.
The fund is especially keen to support organisations that are currently small but have ambitions to expand, grow and deliver sustainable change. It is also hoped that the fund will support needs such as; capital projects, core running costs or new innovations.
“Sage Foundation’s Enterprise Fund is designed to help organisations generate further income, create new initiatives or enhance existing activity,” says Joanne van der Walt Sage Foundation Manager, Africa at Sage.