InnoFund is open to young entrepreneurs aged 18–35 who are leading or co-leading a business. Priority is given to businesses that meet the following criteria: ^
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What types of businesses are eligible for InnoFund?
InnoFund targets micro, small, and medium enterprises (MSMEs) and social enterprises that focus on sustainability, innovation, and social impact. Eligible businesses must have: ^
Peer Learning
Entrepreneurs will join collaborative learning sessions for knowledge exchange, peer support, and community building.
Loan Disbursement & Technical Assistance
Core cohort: Entrepreneurs will receive the loan, comprehensive training in impact leadership, personal growth, financial literacy, cash flow management, as well as 1-on-1 mentoring to support business growth and effective loan utilization. Support cohort: Entrepreneurs will complete an intensive two-month programme focused on strengthening financial literacy, cash flow management, business planning, and investment readiness.
Onboarding
Selected entrepreneurs will sign an agreement then join onboarding sessions, bootcamps, and business assessments to uncover key challenges and define clear goals for their growth journey.
Verification & Analysis
Shortlisted applicants will join interviews and undergo due diligence. Applicants who pass will join the core cohort and proceed to credit assessment. Applicants with potential but require further support will join the support cohort where they will receive intensive financial literacy training to build loan readiness.
Registration
Applicants submit all required documents for initial review.
In addition, businesses that create social and/or environmental impact through their business activities will also be viewed favorably and may be prioritised.
Collaborative Community & Networking
You’re not doing this alone. Become part of a supportive network through virtual peer learning, mentoring, and networking sessions held three times a year. You’ll stay connected with Instellar’s alumni network, giving you ongoing access to resources, partnerships, and collaboration opportunities, even after the program ends.
Expert Financial Guidance
Support is customized just for you – your needs, your goals, your challenges. We focus on creating real impact, especially for those from marginalized communities. So we’ll meet you where you are, help you get equal access and build something of your own.