About the fund
The Social Impact Fund an initiative of the Vine Fund offered grants of between $500 - $1,000 to social impact organisations in Ghana and Nigeria.
To us, 'giving back' should be a part of every organisation's reason for existing. That's why at Foundervine, we've been raising funding from our employees and community to assist mission-driven organisations to get back on track.
In 2020, the world experienced the devastating impact of COVID-19, which led to nationwide lockdowns and government restrictions. In Ghana and Nigeria, small charities and social enterprises were hit very hard. That's why Vine Fund supported organisations that help communities in these countries.
The funding was used for:
Helping organisations to get their social impact back on track
This ranged from the costs of getting trading back up and running, supporting outreach and marketing, supporting your costs while your business got back to full strength, developing new markets and services etc.
Helping communities that were recovering
This was work related to supporting communities that had been hard hit by COVID-19, for example, supporting people to get back to work, helping marginalised children catch up with education, supporting families who had been bereaved, and providing services for people affected by long COVID etc.
How does the fund support you?
Organisations were awarded grants ranging from $500 - $1000 to support their businesses
Organisations received non-financial capacity building support through masterclasses, trainings, coaching or mentoring in order to scale up their businesses
Organisations were added to the Vine Community where they can tap into the resources of the Community for growth