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Transforming Visions Into Solutions
At the Islamic Development Bank, we believe every person has the right to live in dignity and prosperity.
We want to give people the tools they need to help themselves, their communities and their countries, restoring their pride and fulfilling their potential. We believe that by building the right infrastructure, we can enable our member citizens to drive their own economic and social development in the future.
Powered by The Islamic Development Bank, the Transform Fund is a new multi-million dollar fund that will drive meaningful change to millions of people by giving every scientist, technologist and innovator the opportunity to make a difference to the world around them.
Linked to the Engage hub, Transform will turn innovative ideas into real development solutions. Transform will provide seed money for innovators, startups and SMEs. It will also fund the commercialization of technology developed through partnerships between researchers and entrepreneurs.
Proof of Concept
To support scientists and innovators who have a proven concept and who are in need for initial funding to develop their ideas into a pilot project/development solution and a business proposal.
Start Up
To support applicants who have successfully piloted a project which involves innovative technologies and are in need for additional funding to replicate or scale up the project.
Commercialization
To support candidates who have already implemented and successfully scaled up an innovative project and are in need of additional funding for the commercialization of the services and products developed for a project.
Capacity Building
To support Governments of member countries in developing their technical and functional science, technology and innovation capacity to address major development challenges.
Breakdown of Applications
Planned fund operational budget allocation is USD $8M USD: $8M supports 32 proposals
41%
women
100k
isdb member countries
18
Countries
6
SDG
6
grants
6
equity investments
By country
UAE
Tunisia
Tajikistan
Senegal
Pakistan
Jordon
Ireland
Indonesia
Azerbaijan
Canada
US
Turkey
Kazakhstan
Egypt
Malaysia
Bangladesh
Uganda
UK
SDGs
Lamine Sarr
Nena
Zeina Annab
Innovative Sanitation Solutions and Reuse in Arid Region (ISSRAR)
Rasina Rasid
Smart AquaDetector
Maulen Akhmetov
Farmily
Mridul Chowdhury
Shurokkha: ICT-based Livestock Management Solution
Reyhan Jamalova
Rainergy
Zor Hussain
Kijani Energy
Dr. Sadik Kassim
Enhancing production and utilization of Energy and Micronutrient rich crop varieties among refugees and host communities in West Nile region of Uganda
Dr. Masoud Latifinavid
BUYAN
Amor H.Yahyaoui
Improving Wheat Research Capacity Through Intensive Scientific Training and Long-Term Mentoring of Young Agricultural Scientists
Faiz Kharim
System of Rice Intensification (SRI) Single Seedling Nursery Tray
Anne Kyomugisha
Smart Havens Africa
Dr. Md Mahbubur Rahman
Innovation of a jute-based low-cost, acceptable and biodegradable disposable sanitary pad to facilitate menstrual hygiene management (MHM) in Bangladesh
Nabeel Siddiqui
ModulusTech
Abdullah Al-Mamun
Solid-state Bio-conversion
Ian Murphy
Pale Blue Group
Tamer Ahmed
Inspector
Grace Ma
AID:Tech
Mary Jossy Nakhanda Okwakol
Strengthening the Capacity of the Forum for African Women Vice Chancellors to promote gender inclusive participation in Science, Technology and Innovation
Azizjon Azimi
TajRupt
Yasemin Somuncu
Next Generatino (NEXT-GEN)
Aamir A. Rehman
Islamic Finance for SDGs: Innovation-Based, Technology- Enabled Capacity Building at UNDP
Johnny Rebours
Development of Family Medicine and Family Practice in the West Bank
Taleb Al-Tel
Discovery of first-In-Class lead drug candidates for the treatment of multidrug resistant bacteria
Audra Renyi
Smart Havens Africa
Audra Renyi
Affordable Hearing Aids for All. A disruptive, high volume business model for providing hearing aids at a 70% lower cost for LMICs in IsDB member countries. Sell hearing aids through alternative distribution channels, such as pharmacies and optical chains, instead of traditional hearing clinics.
Dr. Ibrahim El-Sherbiny
Smart Cost-effective Single-Dose Nano Wound Bandage for Monitoring and Fast Healing of Diabetic Wounds
Sarah Wilson
Kopernik
Shaila Sharmeen Khan
Enteric infection, malnutrition and environmental enteropathy status of Rohingya children at Bangladesh
Dr. Iffat Zafar
Sehat Kahani - The Story of HEalth
Adam Lewis
Gradian
Adam Lewis
Gradian
Baur Aituov
Scale up of InnoDent tooth enamel regeneration technology for eliminating traditional dental drill & fill approach
Taleb Al-Tel
Discovery of first-In-Class lead drug candidates for the treatment of multidrug resistant bacteria