Investment Process

Product Development Award (PDA)

Release call for PDA via website & email

Intent To Apply (ITA)

Submission of ITAs from applicants

Eligibility Review

RIGHT FUND assesses the eligibility of applicants based on requirements stated in RFP instructions.

Preliminary Review

Performed by the Selection Committee

Initial prioritization will consider unmet needs in LMICs.

Funding Approval

The Selection Committee recommends projects for award to the Board of Directors for approval

Interactive Review

After thorough review of proposals, the Selection Committee will invite select applicants to present their proposal in person.

Review

Each full proposal is reviewed by at least three external reviewers.

The aggregated evaluations are reported to the Selection Committee for further review

Full Proposal

Submission of full proposal

Only selected applicants will be invited to submit full proposals

Notification of Applicants

Applicants are notified of their final application status

Grant Agreement

If an award is granted, applicants are required to sign a Grant Agreement including the Global Access provision with the RIGHT FUND

Program Monitoring

Disbursement of award would be milestone-based

Program monitoring will be initiated upon execution of the Grant Agreement

RIGHTFUND activities

Applicant activities

FUND related process

 

Technical Accelerator Award (TAA)

Release call for TAA via website & email

Full Proposal

Submission of full proposal

Review

Each full proposal is reviewed by external experts and/or members of the RIGHT Fund Selection Committee

Funding Approval

The Selection Committee recommends projects for award to the Board of Directors for approval
RIGHTFUND activities

Applicant activities

FUND related process

Program Monitoring

Disbursement of award would be milestone-based Program monitoring will be initiated upon execution of the Grant Agreement

Grant Agreement

If an award is granted, applicants are required to sign a Grant Agreement including the Global Access provision with the RIGHT FUND

Notification of Applicants

Applicants are notified of their final application status

Product Development Award

Release PDA via website & email

ITA

Collection of Intent To Apply from interested applicants for a 2-week period

Eligibility Review

RIGHT FUND staff assesses eligibility of applicants based on requirements stated in RFP

Preliminary Review

Performed by the Selection Committee.

Initial prioritization will consider unmet needs in LMICs.

Full Proposal Submission

Only selected applicants invited to submit full proposals

Review

Each eligible proposal is reviewed by 3 external reviewers and aggregated results are reported to the Selection Committee for further review.

Interactive Review

After thorough review of proposals, the Selection committee may invite top-ranked applicants for an interactive interview with the Selection Committee members

Funding Approval

Selection Committee makes funding recommendations to the Board of Directors for approval

Notification of Applicants

Applicants are notified of their final application status

Grant Agreement

If the proposal is selected for investment, applicants are required to sign the Grant Agreement including the Global Access Provision with the RIGHT FUND

Program Monitoring

Program monitoring is initiated upon execution of the Grant Agreement and 1st disbursement of the fund

RIGHTFUND activities

Applicant activities

FUND related process

Technical Accelerator Award (TAA)

Release call for TAA via website & email

Full Proposal

Submission of full proposal

Review

Each full proposal is reviewed by external experts and/or members of the RIGHT Fund Selection Committee

Funding Approval

Selection Committee makes funding recommendations to the Board of Directors for approval

Notification of Applicants

Applicants are notified of their final application status

Grant Agreement

If the proposal is selected for investment, applicants are required to sign the Grant Agreement including the Global Access Provision with the RIGHT FUND

Program Monitoring

Program monitoring is initiated upon execution of the Grant Agreement and 1st disbursement of the fund
RIGHTFUND activities Applicant activities FUND related process