FINANCIAL MECHANISM
Democratic Fund
Financial support mechanism for small and medium-sized grants that supports experimental and exploratory projects aimed at strengthening innovation in digital democracy.
Impact achieved
100
initiatives funded with US$3,000
Experimentation and innovation
Accompanied through group clinics.
10
initiatives funded with US$7,000
Escalation and replication
Accompanied through individual clinics.
Aim
The DemocráTICa Fund aims to strengthen and promote the strategic use of technology in projects or initiatives that seek to expand citizen participation and promote an inclusive digital democracy in Latin America and the Caribbean, with special attention to traditionally underrepresented communities, through:
01
Experimentation and innovation funds: Grants of US$3,000 for new or early-stage projects.
02
Scaling and replication funds: US$7,000 grants for growth-stage projects.
03
Support Clinics: Guidance spaces with experts in legal, tax, technical, technological, and sustainability matters, which also foster peer learning and collaboration. Their objective is to strengthen sustainability and empower local stakeholders. They will be developed in two formats:
Group clinics : Networking meetings, workshops and online forums aimed at initiatives benefiting from small grants.
Individual clinics : a cycle of personalized sessions aimed at initiatives benefiting from medium-sized grants, focused on maximizing impact and facilitating scaling and replication.
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