Investment Process
Request For Proposal (RFP)Release call for RFP via website & email |
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Intent To Apply (ITA)Submission of ITAs from applicants |
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Eligibility ReviewRIGHT FUND assesses the eligibility of applicants based on requirements stated in RFP instructions. |
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Preliminary ReviewPerformed by the Selection Committee Initial prioritization will consider unmet needs in LMICs. |
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Funding ApprovalThe Selection Committee recommends projects for award to the Board of Directors for approval |
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Interactive ReviewAfter thorough review of proposals, the Selection Committee will invite select applicants to present their proposal in person. |
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ReviewEach full proposal is reviewed by at least three external reviewers. The aggregated evaluations are reported to the Selection Committee for further review |
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Full ProposalSubmission of full proposal Only selected applicants will be invited to submit full proposals |
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Notification of ApplicantsApplicants are notified of their final application status |
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Grant AgreementIf an award is granted, applicants are required to sign a Grant Agreement including the Global Access provision with the RIGHT FUND |
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Program MonitoringDisbursement of award would be milestone-based Program monitoring will be initiated upon execution of the Grant Agreement |
● RIGHTFUND activities ● Applicant activities ● FUND related process |
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RFPRelease RFP via website & email |
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ITACollection of Intent To Apply from interested applicants for a 2-week period |
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Eligibility ReviewRIGHT FUND staff assesses eligibility of applicants based on requirements stated in RFP |
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Preliminary ReviewPerformed by the Selection Committee. Initial prioritization will consider unmet needs in LMICs. |
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Full Proposal SubmissionOnly selected applicants invited to submit full proposals |
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ReviewEach eligible proposal is reviewed by 3 external reviewers and aggregated results are reported to the Selection Committee for further review. |
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Interactive ReviewAfter thorough review of proposals, the Selection committee may invite top-ranked applicants for an interactive interview with the Selection Committee members |
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Funding ApprovalSelection Committee makes funding recommendations to the Board of Directors for approval |
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Notification of ApplicantsApplicants are notified of their final application status |
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Grant AgreementIf the proposal is selected for investment, applicants are required to sign the Grant Agreement including the Global Access Provision with the RIGHT FUND |
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Program MonitoringProgram monitoring is initiated upon execution of the Grant Agreement and 1st disbursement of the fund |
● RIGHTFUND activities ● Applicant activities ● FUND related process |