ygap Ltd
About
ygap Ltd is a global impact accelerator that backs local innovators and social entrepreneurs with flexible capital, expert networks, AI-powered insights, and tailored learning programs. Since 2008, the organization has supported impact ventures across Africa, South Asia, the Pacific Islands, and Australia, focusing on entrepreneurs who are creating locally-led solutions to poverty and community challenges. The foundation emphasizes deep, sustained support grounded in local context, with a particular commitment to supporting underestimated founders, including women entrepreneurs.
Tips for Applicants
Target this funder if you are a local impact entrepreneur or social enterprise addressing poverty and community challenges in their focus regions, particularly if you are an underestimated or female founder. Emphasize your deep understanding of local context, your innovation approach, and your need for flexible, sustained support beyond traditional capital.
Giving Philosophy
ygap believes in leveling the playing field for underestimated impact entrepreneurs by providing flexible capital and sustained support tailored to local contexts. The foundation values locally-led solutions, diversity in leadership (particularly supporting female founders), and uses technology and AI insights alongside human expertise to address the financial sustainability challenges facing 90% of impact ventures. They prioritize glocal approaches that honor local strengths while leveraging global networks of partners, mentors, and capital.
ACNC Financial History
| Year | Grants Given | Revenue | Total Assets | Net Assets |
|---|---|---|---|---|
| FY2023 | $1.1M $434K AU + $715K intl | $2.5M | $912K | $684K |
| FY2022 | — | $1.8M | $916K | $419K |
| FY2021 | $1.9M $222K AU + $1.6M intl | $2.4M | $1.2M | $873K |
| FY2020 | $854K $96K AU + $758K intl | $2.3M | $1.1M | $882K |
| FY2019 | $966K $258K AU + $708K intl | $3.0M | $1.3M | $1.1M |
| FY2018 | $1.3M $738K AU + $592K intl | $3.1M | $932K | $863K |
| FY2017 | $450K $68K AU + $383K intl | $4.2M | $1.6M | $653K |
| 7yr total | $6.6M | Source: ACNC Annual Information Statements | ||