UNDP, JS Bank Limited and IBA Center for Entrepreneurial Development are calling for applications for the SDGs Innovative Financing Challenge Cup for private sector projects by individuals or firms that meet the following benchmarks. Sign up and submit your applications to become part of the SDGs Innovative Financing Challenge Cup.

Is your project SDGs and climate action aligned?
Is your project SDGs and climate action aligned?
Is your project SDGs and climate action aligned?
Is your project providing financial solutions for climate resilience and/or inclusive insurance?
Is your project SDGs and climate action aligned?
Is your project contributing to gender equality and inclusion outcomes?
Is your project SDGs and climate action aligned?
Are you looking for scalable and sustainable investments for your project?
About the Program

The SDGs Innovative Financing Challenge Cup and Capacity Building project aims to:

  • Solicit innovative projects align with the SDG’s and climate action, contributing to gender equality and inclusion, providing financial solutions for climate resilience and/or inclusive insurance.
  • Empower businesses and enterprises through comprehensive capacity-building workshops.
  • Grants by UNDP and concessional debt financing by JS bank to the winning projects.
Who Should Apply?
  • Pakistan based innovators, entrepreneurs, SMEs with promising SDG’s aligned idea.
  • Age: Min 21- Max 45
  • Registered businesses with at least 1 year in operations with dedicated team
  • Small Medium Enterprises ‘s as per the definition of SBP*
  • Environmentally sustainable, commercially viable and scalable solutions that addresses real pain points in society
  • Women owned businesses /SMEs are encouraged to apply.

*https://www.sbp.org.pk/publications/prudential/SME-PRs-Updated.pdf

Key Program Phases

Key Program Phases
Benefits for Winning Projects Benefits for Winning Projects Submission Process
Application Submission: Complete and submit the application form https://ced.iba.edu.pk/undp-innovationcup.php along with any required documentation within the application window.
Application Review: Applications will be reviewed, and selected candidates will be invited for a capacity building workshop on 3rd and 4th May 2024
Selection: Final selections of projects for the Innovation Challenge cup will be announced on 20th May 2024, followed by a preparation phase involving significant research, preparation, and planning for final presentation.
Winner Announcement: On Innovation challenge Day Top 12 projects will present on 30th May 2024.
Important Dates
Key Dates

For more information and queries please contact:

Asghar Azmi
Telephone: +92 (21) 38104700 Ext: 2717
Mobile: (+92) 300-9252885
Email: maazmi@iba.edu.pk