Cisco is currently accepting applications for its Global Impact Cash Grant Program 2024, which is open to social impact partners worldwide. The program aims to support innovative solutions to important social issues and provides funding to nonprofit organizations and NGOs working in areas such as crisis response, education, economic empowerment, and climate impact.
The maximum amount that first-time grant recipients can request is US$75,000. Organizations within the United States must be recognized as tax-exempt under Section 501(c)(3) of the Internal Revenue Code, while organizations outside the U.S. must demonstrate equivalence to a U.S. public charity. Additionally, funded organizations must serve an audience where at least 65 percent are economically underserved relative to the average standards of the target area.
Cisco specifically looks for programs that use technology to improve the efficiency and reach of services to underserved communities. Eligible organizations must focus on at least one of Cisco’s social investment areas and address environmental sustainability within their proposals if applicable. Overhead expenses should not exceed 25 percent unless organizations can justify their costs exceptionally well.
The application process involves several steps, starting with determining eligibility by contacting Cisco to share your concept. Eligible organizations will then be invited to submit a Letter of Inquiry (LOI) online, which requests detailed information about the program, budget, and population served. Submitting an LOI does not guarantee an invitation to submit a full proposal, as forms are reviewed at the discretion of Cisco and the Cisco Foundation.
If the Grants Administrator determines alignment with Cisco’s mission and strategic focus, organizations may be invited to submit a full proposal. Decisions on proposals are typically made within one business quarter. For more information on the application process and guidelines, interested parties can visit the Cisco Global Impact Cash Grant webpage.
In summary, the Cisco Global Impact Cash Grant Program 2024 offers funding to nonprofit organizations and NGOs focusing on social issues in areas such as crisis response, education, economic empowerment, and climate impact. The application process involves determining eligibility, submitting a Letter of Inquiry, and potentially being invited to submit a full proposal. Organizations must align with Cisco’s mission and strategic focus to be considered for funding.
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https://opportunitydesk.org/2024/05/27/cisco-global-impact-cash-grant-program-2024/