Review on Global Innovation Fund by Joseph Omomogbe

Global Innovation Fund is a non-profitable funding agency that is targeted at supporting innovations that help improves lives of people, especially the poor in developing countries through funding. Global Innovation Fund was established in 2014 in the United Kingdom, with it's headquarters in London. And with a development budget of $100,000,000 to $500,000,000, it provides investment funds in stages of 3 to innovators, which are during the development, rigorous testing and scaling of innovations.

I personally commend the initiative behind the founding of Global Innovation Fund because of the benefits it presents today. Some of these benefits includes the flexible funding structure used, this gives opportunity of using any form of capital like grants, debt, equity, and hybrid capital. Another benefit is that the Global Innovation Fund is available to everyone, anyone can apply for it. It is also available to all sectors, social enterprises, either for profit or non-profit organization, international organizations, government agencies, as well as researchers from any part of the world.