- Department for International Development
- 2 June 2015
- Last updated:
- 26 August 2015, see all updates
- Agriculture, Girls and women, Livelihoods, Private sector/business, Technology, and Trade
- Eligible organisations:
- Non-governmental organisations (NGOs) and Companies
- Value of funding:
- Up to £100,000 and £100,001 to £500,000
Provides grants to companies to develop innovative products and business models that create jobs and incomes for the poor in Nigeria.
The Fund is closed and no longer receiving applications for funding. There will be no other funding rounds in the future.
Focused on improving business models and technology in the Wholesale and Retail sector, and also encourages service delivery to underserved market groups.
Looked for solutions to problems such as:
- access to markets
for small and medium-sized enterprises (SMEs), the poor and women engaged in the sector.
The Fund was also open to providers of other related support services such as:
- market information
- information and communication technology
- financial services
Full information can be found on the GEMS4 website
Background information on the fund
The GEMS4 Enterprise Challenge Fund was a £3.5 million private sector development matching grant fund. It was implemented in Nigeria by the Growth and Employment in States – Wholesale and Retail Sector (GEMS4) market development project. GEMS4’s initiatives facilitate entry into markets; provide technical support for the adoption of innovations and new business models, and leverage investments for the development of key market facilities to support optimal business performance. The project uses a Making Markets Work for the Poor(M4P) approach to implementation. GEMS4 has been in implementation since 2012 and in operation until July 2017.
Phone Number: 08188700140
Published: 2 June 2015
Updated: 26 August 2015
- The Fund is now closed to applications. New funding windows to be announced soon.
- Now open for applications
- The fund is now closed to applications.
- First published.