The Fund will support ambitious innovations designed by Lagos’ private schools’ proprietors, service providers and other entrepreneurs. The concept at the heart of the Fund is ‘innovation’.
The aim of the fund (up to £100,000; £100,001 to £500,000) is to support ongoing and emerging innovations in low cost private education in Nigeria. DfID encourages proposals that find new ways to improve the performance and governance of low cost private schools.
DfID is particularly interested in innovations with the following focuses:
- Improving schools’ compliance with rules and standards
- Increasing the quantity and quality of information available to parents and other primary stakeholders
- Improving the financial performance of schools (e.g. through improved fee payment mechanisms or access to finance for schools)
- Improving access to teaching development initiatives and services
- Creating innovative business models for schools and ensuring supporting services are introduced to the market.
A bidders’ meeting will be held in Lagos on the 21 July 2017. This is a briefing session open to all prospective grantees. It will provide clarity on grant requirements towards strong proposal development by potential grantees.
The Fund Team will be available at info@deepenchallengefund.com and applications must be submitted electronically using the application form.