The ReFED Catalytic Grant Fund’s Inaugural Launch Call is Now Accepting Suggestions That Target Particular person Meals Kill

The ReFED Catalytic Grant Fund’s Inaugural Launch Call is Now Accepting Suggestions That Target Particular person Meals Kill


WEBWIRE

ReFED is excited to share that Letters of Intent are being accredited for the inaugural birth name of the Catalytic Grant Fund. The ReFED Catalytic Grant Fund is a 5-year initiative focused to love nonprofit and for-profit organizations with as much as a filled with $20 million in grants to de-risk and scale each and each high-affect and high-skill  solutions to meals extinguish. 

ReFED’s diagnosis demonstrates that $14 billion in annual funding is wished to trot and scale solutions in impart to succeed in nationwide and world targets to decrease meals extinguish by 50% by the year 2030. Of that total, $3 billion is wished in catalytic funding—capital that is affected person, risk-tolerant, and versatile in impart to unlock affect. In step with this need, the ReFED Catalytic Grant Fund distributes recoverable and non-recoverable grants and can unruffled remember initiatives in conjunction with, but no longer runt to, compare, general operations, constructing skill, growing technologies and pilots, and convenings, as effectively as present non-monetary enhance wherever that you just would possibly well maybe well possibly imagine. Additionally, the Catalytic Grant Fund is in quest of to set a diverse portfolio of grantees that are considerate about their private approaches to range, equity, inclusion, and justice, as ReFED believes right here is serious to reaching our prolonged-time duration purpose of constructing a sustainable, resilient, and inclusive meals plot.

“Catalytic capital is serious to launching and scaling meals extinguish solutions, as it tends to be the first cash-in and has a multiplier stop that can stimulate higher amounts of future, more dilapidated sources of funding. It can moreover support overcome plot-stage barriers, de-risk fresh enhancements, and resolve company considerations, which a couple of of the most promising solutions  can face,” said Alexandria Coari, ReFED’s Vice President, Capital, Innovation, & Engagement. “We’re excited by the change to love each and each monetary and non-monetary enhance to support meals extinguish resolution companies scale their initiatives so that you just can succeed in our nationwide purpose of reducing meals extinguish by 50% by 2030.” 

For this inaugural name, the Catalytic Grant Fund will focal point on enabling patrons to actively decrease wasted meals. Shoppers are the largest mills of meals extinguish, but there are fresh solutions and enhancements in need of funding that can enable them to actively decrease their meals extinguish at home, as effectively as in restaurant and foodservice settings by making it apparent, cheap, and handy.

The Catalytic Grant Fund and its grantees will work to have a serious affect on the diversion of meals extinguish; reduction of GHG emissions; rescue of healthy, culturally-relevant meals for those in need; and saving of pure sources. To bolster these solutions, the Catalytic Grant Fund seeks to enhance initiatives at a local, regional, and/or nationwide stage in a mode that makes the resolution financially viable for firms whereas efficiently reducing wasted meals. This would possibly well possibly encompass testing programs to decrease submit-person plate extinguish — in conjunction with managing part sizes, the #1 meals extinguish change as measured by GHG emissions avoidance with the ideal rep monetary support — or recycling solutions that make meals extinguish diversion from landfills easy, handy, and accessible for individuals in a mode that helps aesthetic management of the extinguish product.

ReFED has spoke back to serious funding wants within the meals plot earlier than by managing and deploying funding the build it would possibly well possibly truly maybe have the most affect. In 2020, in accordance with the most instantaneous challenges posed by the COVID-19 pandemic on the meals plot and meals insecurity, ReFED launched its COVID-19 Meals Kill Suggestions Fund to snappily recount bigger than $3.5 million in a must have philanthropic funding to for-profit and nonprofit organizations across the U.S. that will maybe well all of a sudden scale meals extinguish reduction and starvation reduction efforts. The Catalytic Grant Fund builds on that have, whereas moreover leveraging ReFED’s expertise in meals extinguish financing and its recordsdata of the most impactful solutions.

Eligibility Standards

Catalytic Grant Fund applicants must meet the next eligibility criteria: 

  • Has to be making use of on behalf of a support corporation, for-profit firm, public-non-public partnership, 501(c)(3) non-profit group, or fiscally-subsidized mission headquartered and/or operating within the U.S.
  • As a results of receiving a grant from ReFED, needs to be very likely get extra capital from slightly a kind of funders and/or reach its affect, on the total in a mode that can no longer otherwise had been that you just would possibly well maybe well possibly imagine 
  • Has to be in a region to position funding to eligible use at the least $100,000 or more inner a ~2-year grant duration
  • Need to use the requested funding for an initiative connected to the Grant Fund’s fresh thematic focal point

Launch Call TimelineSelf sustaining Review Committee

Capabilities would possibly well be reviewed by the Grant Fund’s Self sustaining Review Committee of consultants starting from capital companies to meals industry leaders, in conjunction with: Charles Allison, Associate Professor of Professional Observe in Finance, The Milano Faculty of Policy, Administration, & Ambiance, The Fresh Faculty; Kelly Bryan, US Regional Director, Village Capital; Gash Budden, Founder & Innovation Strategist, Flavor Forward Plan (Previously Yum! Manufacturers); Andrea Collins, Sustainable Meals Systems Specialist, Pure Sources Protection Council; Einav Gefen, SVP Chef Innovator, Restaurant Pals; Justin Kamine, Co-Founder, Attain Gentle Foods; Rene Lion, Senior Particular person Scientist, Unilever; Anthony Myint, Co-founder, Zero Foodprint and Mission Chinese Meals; Natalia Paine, Senior program Advertising and marketing and marketing Manager, Local climate Culture RARE; Paula Reichel, Senior Vice President, Strategic Initiatives, Partnership for a More healthy The United States; Jenny Roberts, Director of Procurement & Sustainability, CAVA; Brian Roe, Professor, Dept. of Agricultural, Environmental & Developmental Economics, Ohio Dispute College; David T. Tswamuno, Managing Associate, Fairbridge Park; and Matt Wampler, CEO and Co-founder, ClearCOGS.

Application Closing date

applicants must submit a Letter of Intent by Wednesday, November 30 at 11: 59 p.m. ET. More indispensable aspects on choice criteria would possibly well maybe well also moreover be found at HERE.

ReFED is a nationwide nonprofit working to full meals loss and extinguish across the meals plot by advancing recordsdata-driven solutions to the problem. ReFED leverages recordsdata and insights to highlight provide chain inefficiencies and financial alternatives; mobilizes and connects other folks to take focused motion; and catalyzes capital to spur innovation and scale high-affect initiatives. ReFED’s purpose is a sustainable, resilient, and inclusive meals plot that optimizes environmental sources, minimizes local climate impacts, and makes among the finest use of the meals we grow.

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