A Vehicle to Scale Market-ready Healthcare Solutions
Since 2020, SAMRIDH Healthcare Blended Finance Facility has played a catalytic role for social enterprises with market-ready healthcare solutions in scaling up their impact. The Facility’s customized blended finance structures have helped enterprises get affordable capital, supporting their solutions to strengthen Indian healthcare system.
The newly launched Recoverable Grants initiative under SAMRIDH lends or provides grants to recipients to build sustainability of interventions and help create credit history for their social enterprises, making them more investment ready in the future.
The initiative leverages philanthropic funding as catalytic capital to mitigate barriers for private and public sector investments in businesses targeting to solve complex socio-economic challenges and achieve SDGs. The support will be complemented with a strong technical assistance and business advisory component.
This is an opportunity for small and growing impact-led health sector businesses in emerging markets. It serves businesses that often are too big for micro-finance, too small for private equity, too risky and lack sufficient collateral for commercial banks and lack the growth trajectory that venture capital seeks.
Any established healthcare enterprise that has a market-ready solution to be scaled-up to solve the country’s healthcare challenges can Apply for Funding
Recoverable Grants Help Enterprises in-
Building Track Record: Raising impact-oriented business models and demonstrating ability to both achieve an intended impact and return the fund, thereby building their credit history.
For detailed eligibility criteria, please visit Request for Applications.