Applications Invited for AirAsia Foundation Grant

About the Organization

AirAsia Foundation is the philanthropic arm of the AirAsia Group and we’re right here that will help you impact social change by means of entrepreneurship.

Across ASEAN, we now have met many people who find themselves impressed by the AirAsia story and dream of creating their very own affect. Our social enterprise awards are designed to assist make this a actuality. If you’re a start-up social entrepreneur trying to scale up your modern enterprise, tell us about your work.

Successful grantees might be supplied with seed funding and mentorship all through the grant interval. We will faucet on AirAsia’s community strengths and assist you to make connections. Together, we intention to seek out sustainable options to social challenges by means of innovation, ardour and willpower.

About the Grant

Social Enterprises are companies that commerce to deal with social issues, enhance communities, folks’s life probabilities or the setting. They earn a living from promoting items and providers within the open market however reinvest their earnings into the enterprise or the area people.

At AirAsia Foundation, we imagine within the energy of innovation to create lasting social and environmental affect. Our grants are designed to assist Asean-based and Asean-led social enterprises, organisations and group teams develop their companies and initiatives, making certain they proceed making a difference.

We welcome purposes from social enterprises, organisations or teams with a robust monitor report in creating constructive change. If you’re engaged on a undertaking that’s impactful, modern, and community-driven, we’d love to listen to from you!

Focus Area:

We look for companies or initiatives that deliver long run advantages to communities and the setting, with a particular consideration for sustainable journey and local weather resilience initiatives. However, we additionally contemplate different high-impact initiatives. Your undertaking ought to:

• Clearly outline a brand new initiative or the enlargement of an current one, with achievable targets inside 12 months.
• Use funding for functions comparable to, however not restricted to, creating and advertising and marketing new services or products, coaching group members, or buying belongings to help enlargement. Please notice that we don’t fund working money move, land purchases or constructing acquisition.
• Demonstrate how the funding will assist generate earnings to maintain your online business or allow the continuity of your initiative past the grant interval.

Grant Benefits:

• Funding of as much as USD 20,000
• Opportunity to entry to AirAsia’s huge community to assist amplify your affect
• Pro bono help, relying in your organisation’s wants

If you’re captivated with creating actual change in your group, we encourage you to apply! Let’s work collectively to construct a greater, extra sustainable future for Asean.

Our fundamental standards for choice are:

• Impact on supposed beneficiaries: We wish to find out about your social or environmental aims and the way your enterprise is assembly your targets. Tell us about your communities and the way they are going to be impacted.
• Innovativeness of the method: We have an interest to know the way your social enterprise stands out from others. Are you making use of a brand new method or are you making a services or products with a novel promoting level?
• Sustainability past the funding interval: An necessary standards we glance out for is the power to proceed after the funding interval. Tell us how our grant might help you generate earnings that may be reinvested into rising your online business or allow the continuity of your initiative past the funding interval.
• Ability to faucet on AirAsia’s strengths: Other than grant funding, is there another means you may leverage on the AirAsia community to additional your aims?

In addition to the standards above, we additionally look out for:

• Location, location, location: To allow us to advertise your social enterprises to our company, we prioritise social enterprises which can be based mostly in a village/city/metropolis that’s inside cheap attain of an airport served by AirAsia in Asean.
• Track report: We will solely fund organisations which can be managed competently by means of accountability, cost-consciousness and efficient management.
• Volunteerism: As far as doable, we wish to have interaction AirAsia Allstars within the Foundation’s work. If your organisation has programmes for company volunteers, we wish to find out about them.

How to Apply

• Application type evaluate
• Interview
• On-site analysis
• Review by Council of Trustees

Applications at the moment are open! If you imagine your online business or initiative aligns with our mission, we encourage you to apply!

If your application meets our preliminary evaluation, you’ll hear from us inside 30 days of the application time limit. Please notice that your complete evaluate course of could take as much as 5 months.

Application time limit: 31 May 2025.

Apply now

For extra data please check the Link