In January 2013, Dasra, Omidyar Network, and The Rockefeller Foundation had invited proposals from organizations interested in receiving support for initiatives aimed at fostering India’s Impact Economy, specifically by aiding the growth of the impact investing industry and social enterprise sector.

In general, the India Impact Economy Innovations Fund (IEIF) will fund projects that seek to enable earlier stage capital solutions, foster entrepreneurial ecosystems, produce research into policy development, promote and establish impact investing industry infrastructure, develop market ecosystems for specific sectors and form leadership and networking platforms for common actions

The winners for the grants are currently being reviewed and will be announced on May 27th , 2013.