Indian School of Development Management’s Centre for Innovative Finance and Social Impact (CIFSI) is an initiative that seeks to enhance research on innovative financing and raise dialogue among public and private stakeholders to tackle developmental challenges. The centre is dedicated to catalysing social financing as a tool for solving global challenges through a combination of research, knowledge creation and exchange, and convening diverse voices from social purpose organisations.
Innovative financing in the social sector has long been touted as one of the enablers for creating, scaling and sustaining innovative and impact-oriented solutions towards developmental challenges. However, as per available resources and research, the scope of innovative financing in social sector remains limited due to asymmetry of understanding between implementers and funders, and the inherent complexity of the sector.
The CIFSI Research Fellowship Program 2023 seeks to commission interested practitioners and researchers to lead studies that will create and disseminate high-quality actionable knowledge on innovative finance and impact assessment to drive social impact.
Beginning from October 2023, a cohort of maximum five fellows will be spending 12 months to conduct research on a topic under ‘Driving Social Impact through Innovative Finance Approaches’.
This is a part-time program with the following specifications:
The total fellowship amount for 12 months will be INR 3,00,000. At the end of the fellowship, fellows must submit a report of 6,000-8,000 words based on their research project/findings that ISDM may publish under the Creative Commons Licensing 4.0.
The copyright of the working paper published under CCL 4.0 will be held by the author, ISDM and the third party supporting the research work pursued by the author.
The theme for this year’s fellowship is ‘Driving Social Impact through Innovative Finance Approaches’ with a focus on the Drivers to scale impact.
In accordance with the theme, the list of research topics includes, but are not limited to:
Submission deadline: 31 August 2023
Announcement of selection results: 1 October 2023 onwards
Orientation and commencement of cohort: 23 October 2023 onwards
For any query, please write to Dr. Ria Sinha, Email: email@example.com with the subject line ISDM-CIFSI Research Fellowship Program 2023.
Indian School of Development Management, supported by Citi India's CSR efforts, launched the Centre for Innovative Finance and Social Impact (CIFSI) to mainstream innovative finance for social impact.
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