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Process

How to apply for an IFC grant

A transparent, six-step process that meets World Bank Group standards while remaining accessible for first-time applicants.

01

Confirm your eligibility

Each grant program has specific requirements for sector, region, company stage, and project type. Read the program page carefully and check your fit.

  • Review eligibility criteria on the grant page
  • Confirm your country is IFC-eligible
  • Verify legal registration and audited financials are available
02

Prepare your materials

Have these ready before you start the form. Strong applications include a clear theory of change and verifiable impact metrics.

  • Business plan and pitch deck
  • Audited financial statements (last 2 years)
  • Environmental and social risk overview
  • Team org chart and key bios
03

Submit the online form

The application takes about 15 minutes. You can save and continue, and your reference code is shared once submitted.

  • One unified form for all programs
  • Receive a reference code immediately
  • Email confirmation within minutes
04

Initial screening

Our investment officers review applications within 4–6 weeks. Shortlisted projects receive an email to begin due diligence.

  • Eligibility and completeness check
  • Strategic alignment review
  • Initial impact evaluation
05

Due diligence

For shortlisted projects, we conduct financial, legal, and ESG due diligence. Expect collaborative dialogue with your team.

  • Financial verification
  • Legal and governance review
  • Environmental and social assessment
06

Award and implementation

Approved projects receive grant funding in tranches based on milestones, with ongoing technical assistance and reporting support.

  • Milestone-based disbursement
  • Technical assistance partnerships
  • Quarterly impact reporting

Ready to begin? Open applications close on a rolling basis.

Start your application