Design Funding

Convergence offers feasibility study and proof of concept funding for practitioners to design catalytic blended finance vehicles that aim to attract private capital to global development at scale. Through this funding, Convergence also aims to foster market-wide learning.
Current Funding Opportunities
Open Window

Under the Open Window, practitioners can apply for funding to design any blended finance vehicle that addresses a specific development challenge and meets the Open Window eligibility criteria and mission of Convergence.

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Solutions Supported
Funding Awarded
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Impact Themes
How It Works

Step 1

Engage with Convergence to ensure the concept aligns to Convergence objectives

Step 2

Submit draft proposal for feedback two weeks prior to quarterly deadline

Step 3

Submit final proposal before quarterly deadline

Step 4

Proposals reviewed and select proposals shortlisted for due diligence

Step 5

Select proposals recommended to Funding Committee for consideration

Step 6

Recommended proposals considered for approval by Convergence Board