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We are inviting proposals for funding through the Catalytic Capital Consortium, an investment, learning, and market development initiative created and led by the John D. and Catherine T. MacArthur Foundation, the Rockefeller Foundation, and the Omidyar Network.

The Catalytic Capital Consortium grantmaking program aims to equip the investor community with the knowledge and tools needed to increase the deployment and effectiveness of catalytic capital investments. A first round of grantmaking will focus on building knowledge about why and where catalytic capital is needed, what form it takes, who it supports, how it has been deployed, and what outcomes have resulted. This work will draw upon experience from around the world.

Catalytic capital—investment capital that is patient, risk-tolerant, concessionary, and flexible—unlocks impact and additional investment that would not otherwise be possible. Countries, communities, and leaders around the world are facing three imperatives: fighting the COVID-19 pandemic; rebuilding broken economies; and addressing deep disparities in race, class, gender, and health. Catalytic capital will be essential to all three challenges. Investors who deploy catalytic capital intentionally bridge gaps that conventional investors are unable or unwilling to fill. In doing so, they have the potential to empower historically marginalized communities, fuel high-impact innovations, and expand the reach of our financial system.

Catalytic Capital Consortium grantmaking aims to generate informative, actionable resources that help investors increase their engagement with catalytic capital, unlocking impact and investment toward a just, equitable, and resilient world.


Through the New Venture Fund, we are pleased to invite proposals for projects that strengthen the evidence base for catalytic capital. 

View additional details and apply ›


Catalytic Capital Consortium ›
Representative Investments ›

Source of original article:John D. and Catherine T. MacArthur Foundation (
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