Ground up activators and new non profits play a crucial role in responding to emerging and unmet needs. However, these groups experience funding, network and capacity limitations as they tend to be 100% volunteer-led. They also face a lack of information on navigating the grants landscape, working towards formal registration or charity status, and setting up good governance practices.

The New Horizon Fund aims to address this current gap and propel these new start-up teams to long term success and scale their proven solutions. 

The New Horizon Fund has 3 key features:

1. Capital Support

The Fund will provide unrestricted funding to incubate promising ground-up activators and non-profits, up to $150,000 each over 3 years. This will enable them to focus on organisational development, and also create space for innovation & creativity.

2. Capacity Building

To equip all grantees with the best tools to succeed, TMT will engage them in 3 ways to build capacity:

(i) Diagnosis & Scoping: identifying key problem statements with user-centric needs-based assessment frameworks and organisational needs-based assessment, including strengths and weaknesses

(ii) Strategic Assistance: provide masterclasses and resource persons with expertise in organisational development, technology, governance, finances, storytelling, visioning and growth strategy

(iii) Impact Evaluation: help grantees achieve evidence-based and data-driven programming through understanding assessing and tracking metrics

3. Community Building

To build a community of like-minded stakeholders that can leverage on each others’ resources and expertise for collaboration, TMT will offer:

(i) Networking opportunities with other teams, funders, potential partners, beneficiaries

(ii) Mentorship opportunities with established teams and sector experts

(iii) Co-working space to selected grantee partners at TMT’s office in Gateway.