Grant funding schemes, or ‘Challenge Funds’ are increasingly used by donors and other agencies as an efficient means of providing demand-led and timely funding to targeted groups of organisations, on specific topics with low transaction costs. The administrative and technical burden of managing and measuring the impact of a grant programme is high, and funders are increasingly out-sourcing all or part of the management.
Challenge Fund management is one of Triple Line’s core service areas. We provide a comprehensive set of services supporting all stages of programme development and implementation, including appraisal of applications, disbursement of funds, capacity building, monitoring and evaluation, longitudinal impact assessment and lesson learning.
Since 2002, Triple Line has worked on grant funding schemes financed by a range of agencies in a number of sectors including governance, poverty reduction and private sector development. We have managed 4 Challenge Funds for DFID with Crown Agents: The Civil Society Challenge Fund; The Development Awareness Fund; The Additional Support to Civil Society, and The Global Poverty Action Fund. Triple Line is part of the KPMG led consortium for the implementation of the Governance and Transparency Fund and the Africa Enterprise Challenge Fund.
Triple Line are the independent monitors to AusAID’s Enterprise Challenge Fund and have worked with the privately funded Shared Growth Challenge Fund (Business Trust) in South Africa and the Economic Empowerment of the Extreme Poor Challenge Fund in Bangladesh (shiree).