Updated Sep 12, 2018CLOSED

Microenterprise Fintech Innovation Challenge Fund

Offered by United Nations and UN Capital Development Fund as part of Pulse Lab Jakarta and Microenterprise Fintech Innovation Challenge Fund

To promote and accelerate usage of digital technology solutions for microenterprises in Indonesia that result in increased use of financial services to support productivity, efficiency, income and/or employment. Challenge Fund grant funding will focus on projects which can deliver customized products and technological solutions, catering to the diversified business needs of microenterprises.
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CLOSEDOct 01, 2018Deadline
Up to $50,000Amount

Mandatory Requirements

StageStage 3: Proof of Concept
Implemented in:
Focus Areas
Eligible applicants who can apply for the Challenge Fund Window include: regulated Financial Institutions (Banks, MFIs); Payment Service Providers; Agent Banking Aggregators; Mobile Network -Operators; technology providers; E-commerce platform providers; Manufacturing and trading related companies; FinTech companies and tech start-ups.
-Companies with an innovative technological solution for the microenterprise sector that is ready for pilot testing in Indonesia.
-The applicant can be based anywhere globally, but the project must be implemented and target microenterprises in Indonesia.
-Joint proposals between market players with a technological solution for microenterprises are encouraged to apply.
-The applicant must be a registered entity.

Other Requirements

Target BeneficiariesThe Challenge Fund is committed to expanding the role of women entrepreneurs in microenterprises, and so will give preference to projects specifically focusing on women-owned and/or led microenterprises.

Application Directions


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