Applications are open for the IFC SME Growth Accelerator 2026. For more than 65 years, the International Finance Corporation (IFC) has worked with private enterprises in developing countries to mobilize capital, expertise, and influence. Its grant programs complement long-term debt and equity to unlock projects that markets alone cannot finance. Unlike traditional grant programmes focused solely on financing, the SME Growth Accelerator adopts a comprehensive approach to enterprise development, combining grant funding with technical assistance, mentorship, and access to business networks to help businesses scale operations, improve competitiveness, enter new markets, and create sustainable employment.
Key Eligibility Criteria
- Business Type: Be a for-profit SME.
- Employees: Employ between 10 and 250 people.
- Revenue: Demonstrate verified annual revenue between $250,000 and $10 million.
- Location: Be operational in an eligible emerging market within Africa, Asia, Latin America, or the Caribbean.
- Growth Potential: Show strong growth potential and a scalable business model, with a clear strategy for expansion.
- Governance: Demonstrate sound governance, financial responsibility, and operational stability.
Eligible Expenditures
- Working capital
- Pilot deployments
- Technical assistance and capacity-building activities
- Climate and ESG-related investments
- Market research and feasibility studies
- Equipment and technology procurement
- Monitoring, evaluation, and learning (MEL) activities
Programme Benefits
- Funding: $50,000 to $1.5 million in grant funding.
- Mentorship: Expert advisory services and business development support.
- Networks: Access to IFC's global business network.
- Follow-On Financing: Potential access to further financing opportunities to support long-term growth.
Application Process
The online submission takes about 15 minutes, with decisions typically made within 4-6 weeks. Applicants should prepare a detailed application outlining their business profile, growth strategy, implementation plan, measurable outcomes, and funding requirement.
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How to Apply
Apply through the official IFC Grants SME Growth Accelerator page before the deadline of November 15, 2026.
Disclaimer
Edfrica shares opportunities for informational purposes only. Results and outcomes are not guaranteed.
