Aspire Coronation Trust (ACT) Foundation Grant 2024

Eligibility Criteria

Organizations applying for ACT grant must meet the following criteria:

• Work within the ACT Foundation’s focus areas of Health, Entrepreneurship, Leadership, and Environment.
• Be registered with the appropriate legal entity within their respective (African) countries for not less than two years (24 months).
• Be legally registered as a non-profit organization (GTE/LTD). However, if applying as a social enterprise, the Foundation will only fund initiatives that are not for profit.
• Show a strong governance structure. Details of the board of directors should reflect in the company’s registration documents. If not, please update.
• Show evidence of other sources of funding.
• Have a minimum staff strength of 3 part-time/full-time paid Individuals.
• Be directly responsible for the preparation and management of the project, i.e. not acting as an intermediary.
• Program/Initiative must be implemented within Africa.

Offered Benefits

• Health: In line with the Sustainable Development Goal (SDG) 3, they aspire to ensure health and well-being, especially for the vulnerable and marginalized groups in society. They believe that if individuals live healthy lives, they can be empowered to lift themselves out of poverty and be productive members of society. They support an array of programs and initiatives that provide innovative and sustainable solutions in the areas of Maternal and Child Health, and Non-communicable Diseases.
• Environment: Climate change, air and water pollution, soil erosion, land and forest degradation are areas of global concern as these hinder efforts to achieve sustainable development. ACT Foundation is committed to supporting human activities that ensure access, availability and sustainable management of water and sanitation for all, make cities and human settlements inclusive, safe, resilient and sustainable and take urgent action to combat climate change and its impacts on vulnerable communities in line with SDG Goals 6 (Clean water and sanitation), 11 (Sustainable cities and communities) and 13 (Climate Action). They support programs and initiatives in Integrated Waste Management, Access to Safe Drinking water, and Climate Action.
• Leadership: At ACT Foundation, the aim is to raise a new generation of credible, accountable and ethical leaders who will drive initiatives that promote effective and sustainable, economic and human development. Their focus is on the development of individuals (particularly young people and women) towards good governance, economic development, and organizational and professional development. Thus, they support initiatives aimed at Youth Leadership, Thought leadership, and National Development.
• Entrepreneurship: Sustainable Development Goal 8 reaffirms the need to promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all. Research shows that entrepreneurship contributes to building resilient infrastructure, promoting inclusive and sustainable industrialization and fostering innovation. As one of the fastest growing continents in the world, Africa must support entrepreneurship in order to provide access to goods and services, promote its economic growth, thus making a positive impact on communities and improving the well-being of the underserved populace. Their entrepreneurship intervention seeks to support initiatives that improve the livelihood of individuals and families through income generation and economic empowerment thus reducing poverty. Their focus is hinged on Acquisition of Vocational and Digital Skills and Financial Literacy and Inclusion.

Application Process

Successful applicants will be invited to submit a full proposal with a detailed budget for the grants. Proposals must indicate a strong monitoring and evaluation plan as well as show a robust sustainability plan. After a rigorous review by independent consultants, and upon final selection of the proposals, organizations will be formally notified of the next steps. This will be followed by Interviews and physical visits.