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About MICF

Who we are

The Malawi Innovation Challenge Fund (MICF) is a US$ 22 million competitive, transparent mechanism that provides grant finance for innovative projects proposed by the private sector active in Malawi’s agricultural, manufacturing and logistics sectors. Supported by the United Nations Development Programme, UK Aid, IFAD through the PRIDE programme, and the Federal Republic of Germany through KFW, the MICF is designed to be a quick, responsive mechanism that is not overly bureaucratic and understands the needs of the private sector.

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total impact

Round One Projects

33300

estimated no. of households with increased incomes

1190

new jobs created
Round Two Projects

11500

estimated no. of households with increased incomes

920

new jobs created

Round One Projects

Agriculture Projects

11800

estimated no. of households with increased incomes

290

new jobs created
Manufacturing Projects

21500

estimated no. of households with increased incomes

900

new jobs created

Round Two Projects

Agri-business Projects

11800

estimated no. of households with increased incomes

290

new jobs created
Manufacturing & Logistics Projects

21500

estimated no. of households with increased incomes

900

new jobs created

Current window

manufacturing Window:

COMING SOON

Through the Manufacturing Window, MICF aims to enable manufacturers in the agriculture and non-agriculture sectors in Malawi to backward integrate processes to incorporate locally produced products and services that would enable them to compete in international markets or allow for import substitution in the domestic market, while at the same time delivering large social or environmental impact.

Featured projects

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