Enterprise Challenge Fund (ECF) (Pacific and South East Asia)
The ECF is a six year (2007-2013) Australian Government pilot program that provides funds directly to businesses in Asia and the Pacific. Grants are provided on a competitive basis for innovative solutions to address market failures and for long term inclusive pro-poor economic growth. Businesses must contribute at least 50% of the total project costs and funds are distributed against agreed milestones. More than $12 million has been approved for 22 projects operating in 8 countries across the Asia Pacific. Due to high demand and a consistently high quality of bids, all available ECF grant funding (a total of AU$14.5 million since July 2007) has been allocated.
Further information on ECF can be found at: http://www.enterprisechallengefund.org