The need for a circular medicine chain has become increasingly urgent due to rising medical waste, supply shortages, and the growing demand for medicines driven by an ageing population and increasing rates of chronic diseases. The healthcare sector consumes significant raw materials, contributes to CO₂ emissions, and generates large amounts of waste. Additionally, geopolitical uncertainties… [Read More]
Business
IIT (BHU) Foundation Receives $1.6M from Alumnus Dev Goswami, Crosses $10M Mark
The IIT (BHU) Foundation has received a significant $1.6 million donation from alumnus Mr. Dev Goswami, a 1974 Mechanical Engineering graduate and Executive Chairman of IPS LLC, a Berkshire Hathaway company. This generous contribution, made alongside his wife, Dr. Vardhana Goswami, marks a major milestone for the Foundation, pushing its total donations since inception beyond… [Read More]
Livelihood Grants Awarded to Former Rebels in Iloilo to Support Reintegration Efforts
Nine former rebels in Iloilo province received livelihood grants under the Department of Social Welfare and Development’s (DSWD) Sustainable Livelihood Program (SLP). Each individual was awarded ₱20,000, totaling ₱180,000 in Livelihood Settlement Grants aimed at supporting their small-scale business ventures. This assistance was provided through the joint efforts of DSWD-SLP, the 61st Infantry “Hunter” Battalion… [Read More]
Sponsorship 101: The Complete Guide to Fundraising Event Sponsorship for Nonprofits
Before reaching out to potential sponsors, thorough research is essential. It’s important to first determine whether the business has a history of sponsoring events, aligns with similar causes or nonprofit missions, and supports the specific type of event being planned. Additionally, ensuring contact with the right person—someone with decision-making authority—is crucial for a productive outreach…. [Read More]
UK Government Unveils £63 Million Boost to Accelerate Electric Vehicle Revolution
The UK Government has announced a £63 million investment package aimed at enhancing the country’s electric vehicle charging infrastructure. This funding is intended to address key barriers to EV ownership by improving access to charging, reducing overall costs for families, businesses, and public sector institutions, and supporting the transition to clean transport across the UK…. [Read More]
£2.5 Billion DRIVE35 Programme to Power UK Automotive Investment and Employment
The UK Government has committed £2.5 billion over the next decade to support its automotive sector through the newly launched DRIVE35 programme. This initiative is designed to secure thousands of jobs and maintain the UK’s leading position in the global zero-emission vehicle (ZEV) industry. The funding will bolster manufacturing capabilities, strengthen supply chains, and encourage… [Read More]
€20 Million EU Grant to Pakistan Aims to Strengthen Public Governance and Improve Business Environment
The Government of Pakistan and the European Union have signed a €20 million grant agreement to initiate the “Better Governance and Business Environment” programme. This initiative underscores their joint commitment to fostering sustainable and inclusive economic development in Pakistan. Funded through the EU’s Multiannual Indicative Programme 2021–2027, the initiative aims to improve the competitiveness of… [Read More]
EU Boosts Ukraine’s Recovery with Nearly €600M for Energy, Infrastructure, and Business Support
The European Union is strengthening its economic support for Ukraine with a new funding package of nearly €600 million aimed at revitalizing energy systems, transport infrastructure, and private-sector resilience. The announcement was made during the Ukraine Recovery Conference held in Rome, where the European Investment Bank (EIB) Group and the European Commission outlined their commitment…. [Read More]
New UK Business-Academia Partnerships Drive Groundbreaking Research
The UK’s Prosperity Partnerships initiative is set to address key industry challenges through 23 newly funded collaborative research projects, covering fields such as drug manufacturing, artificial intelligence (AI), cybersecurity, and battery technology. Backed by £41 million from the Engineering and Physical Sciences Research Council (EPSRC), and an additional £56 million from business and academic partners,… [Read More]
Ukraine to Receive €300M from Netherlands for Economic Recovery and Rebuilding
On Thursday, the Netherlands announced a pledge of €300 million for the reconstruction and economic recovery of Ukraine in 2025 and 2026. The announcement was made by Minister of Foreign Affairs Caspar Veldkamp during the Ukraine Recovery Conference (URC) held in Rome, where both he and Prime Minister Dick Schoof were in attendance. The URC… [Read More]
Learn How to Write Technical Cost Proposals – UW & SBDC Webinar July 16
A full-day webinar will be held on Wednesday, July 16, to help small-business owners understand how to develop Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) cost proposals along with their technical components. The session, titled “Crafting Winning SBIR/STTR Cost Proposals: A Deep Dive into Technical Project Descriptions,” will run from 8:30… [Read More]
$1 Million NSW Grant to Empower Women Entrepreneurs and Small Businesses
The Minns Labor Government in New South Wales is advancing its efforts to promote economic prosperity by supporting more women in establishing and managing their own businesses. Through the Supporting Women in Business program, the government is providing practical assistance in business planning and development. More than $1 million in government grants has been allocated… [Read More]
UK–Japan Investment Deal Signed to Strengthen Trade and Economic Ties
The United Kingdom and Japan have signed a Memorandum of Cooperation (MoC) to enhance bilateral investment, aiming to significantly increase UK investment into Japan. The agreement was formalized at the British Embassy in Tokyo by UK Minister for Investment, Baroness Poppy Gustafsson of Chesterton CBE, and Mr. Seto Takakazu, State Minister of the Cabinet Office… [Read More]
UK Government Invests £500M to Support Underrepresented Entrepreneurs and Drive Growth
The UK Government has announced a £500 million investment to support underrepresented investors and fund managers, with the aim of fostering a more inclusive and dynamic venture capital ecosystem. The funding will help high-potential new entrants from diverse backgrounds build the necessary track record to succeed in the industry. The initiative is a key component… [Read More]
Canada Funds New Technical Cooperation Project in the Republic of Moldova
Canada and the Republic of Moldova continue to strengthen their bilateral relationship through shared commitments to climate action and gender equality. Both nations are collaborating to build a greener, more inclusive economy that benefits all citizens, especially marginalized groups. In line with these efforts, Canada has announced its support for a new technical assistance project… [Read More]
Financing Public Interest Media: Unlocking Private Capital Solutions
Across the globe, public interest media are under growing strain due to failing business models, declining advertising revenues, and intensifying political pressures. In response to the need for sustainable solutions, a new report titled Catalysing Private Capital: Financing the Future of Public Interest Media explores how private capital can play a complementary role alongside traditional… [Read More]
CFC Launches ACT Fund at FfD4 Side Event to Boost Sustainable Agriculture Investment
The Common Fund for Commodities (CFC) and the Agricultural Commodity Transformation (ACT) Fund co-hosted a high-level side event at the 4th International Conference on Financing for Development (FfD4) in Sevilla, Spain. The event, titled “Agricultural Commodity Transformation (ACT) Fund: Public-Private Investment for Sustainable Transformation and Development of the Agricultural Commodity Sector,” convened stakeholders from development… [Read More]
Canada and Ontario Invest in Energy Efficiency Upgrades for Agri-Food Industry
On July 8, 2025, the governments of Canada and Ontario announced a joint investment of up to $3 million to support farmers in implementing energy efficiency projects aimed at improving competitiveness, particularly in response to U.S. tariffs. This funding marks the launch of the third intake of the Agricultural Stewardship Initiative (ASI), a program designed… [Read More]
UNIDO Showcases Industrial Solutions to Bridge SDG Funding Gap at FfD4 Conference
At the Fourth International Conference on Financing for Development (FfD4), held in Sevilla, Spain, the United Nations Industrial Development Organization (UNIDO) emphasized its commitment to supporting Member States in mobilizing both public and private investments to accelerate sustainable industrialization and advance the Sustainable Development Goals (SDGs). The conference underscored the necessity of shifting traditional development… [Read More]
AfDB Awards $1 Million Grant to Boost Green Skills for South African Youth
The African Development Bank, through its Fund for African Private Sector Assistance (FAPA), has allocated a $1 million grant to South Africa’s National Business Initiative (NBI). The funding aims to develop a responsive skills ecosystem that empowers South Africans—particularly youth—to access employment opportunities in the green economy. South Africa continues to grapple with high youth… [Read More]
AfDB Supports Djibouti’s Intercontinental Investment Bank with $11M for SME and Women-Led Business Financing
The Board of Directors of the African Development Bank Group (AfDB) has approved a three-year, $10.75 million trade finance facility for Intercontinental Investment Bank Djibouti (IIB Djibouti). This facility consists of three components: an $8 million Trade Finance Line of Credit, a $2 million Trade Finance Transaction Guarantee, and a $750,000 grant from the Affirmative… [Read More]
AfDB Launches 2025 Country Focus Reports with Emphasis on Côte d’Ivoire’s Growth Strategy
The African Development Bank launched the 2025 edition of its Country Focus Reports (CFRs) in Abidjan, starting with Côte d’Ivoire—a country projected to be one of the fastest-growing economies globally this year. The launch underscores the Bank’s commitment to supporting national-level development through data-driven insights and policy guidance. The CFRs serve as country-specific extensions of… [Read More]
€450M Guarantee Deal with CaixaBank to Unlock €900M for Spanish SMEs
Introduction to the Agreement In a significant move to bolster the financial support for small and medium-sized enterprises (SMEs) and mid-caps in Spain, we are thrilled to announce the signing of a €450 million risk-sharing guarantee agreement with CaixaBank. This strategic partnership aims to unlock a remarkable €900 million in new financing opportunities, which are… [Read More]
