Apply for recoverable capital for mission-driven work
For organisations doing revenue-generating work — charities, social enterprises, and mission-driven ventures. Recoverable structure: the capital comes back when your future revenue lands, so it can fund the next organisation. Not a grant. Not a loan. A rolling programme you apply to.
Pick where you operate
Each region has its own application form. Apply to the one you operate in — we assess the project, not your registration.
recoverable · rolling · project-based
A simple recoverable agreement between Elevate and your organisation — no debt, no personal guarantees. We assess the project, not your registration; recovery is tied to a future revenue event.
recoverable · rolling · project-based
A recoverable-grant structure routed through a partner custodian — no debt, no personal guarantees. We assess the project, not your registration; recovery is tied to a future revenue event.
The kind of project we're looking for
The recoverable model works when there's a clear bridge purpose and a plausible recovery path — a future revenue event the advance unlocks.
- →Bridge between an executed grant and the next contract starting (gap of 3-9 months)
- →Equipment purchase ahead of a confirmed funding tranche where the equipment generates revenue
- →Working capital to scale up a contracted service before reimbursement payments arrive
- →Pre-funding a measurable program with a clear milestone-based recovery path
- →Capacity-build for a confirmed but delayed major grant
Bridge purpose: Bridge financing to deploy Read Along educational technology in 3 Sub-Saharan markets ahead of a confirmed Google Foundation grant tranche.
Recovery: First Google milestone payment May 31, 2026 — recovery on the milestone. Capital then redeploys to the next NFP in the queue.
Why it's the model: Real bridge gap, clear recovery path, identifiable revenue event, story-strong: education tech reaching scale.
How recoverable is different from a grant
If your future revenue doesn't materialise — we treat it as a regular grant. Worst case is what would have happened anyway. No personal guarantees, no asset claims, no debt on your books.
Merit-based, not a lottery
We review every application against four criteria:
- Clarity of project purpose — what the funds enable that wouldn't otherwise happen
- Recovery realism — plausible plan for the capital to recover from a future revenue event
- Story strength — case-study value to the broader recoverable-capital field
- Geographic + sector diversity — under-served regions or sectors get equal weight
See the full terms and conditions.
What to expect
- Applications: open on a rolling basis — apply any time
- Review: we'll be in touch within ~2 weeks of your application
- Funds disbursed: shortly after selection, on signing the recoverable agreement
We need real recipients to seed the recoverable model
Recoverable charitable capital is the structural redesign Elevate is building. To prove it works at scale, we need real recipients running real cycles — the proof of pipeline and the case studies to scale the model into a continuous flow of recoverable capital across the sector.
The recipients aren't guinea pigs. They're anchors. We work with you on the structure, share your story (with consent), and use the data to attract the next cohort of donors who want to back recoverable capital.
Know an organisation that needs capital?
Share on LinkedIn so the right organisation finds it. The more applicants we have, the better the match.