Ecosystem · Connect & fund
New · launching under the Strategic PlanSIA Catalyst Fund
A blended-finance fund for enterprises on the SIA Pathway: grants, recoverable grants and revenue-share, with its own governance and investment committee.
Many social enterprises are too risky for a bank loan and too small for an equity investor. The SIA Catalyst Fund is being set up for them: designed, with an anchor funder, in Year 1 of the Strategic Plan (2026–27), with a first close of PKR 50M and its first 20 investments or grants in Year 2 (2027–28).
At a glance
Being set up- Who it’s for
- Enterprises on the SIA Pathway, usually after Accelerate
- What you get
- Grants, recoverable grants or revenue-share, and support after
- Size
- PKR 250 million by 2031
- Co-investors
- Foundations, development partners, companies and impact investors
- How to start
- Get informed when it opens: leave your details with the form
Get informed when it opens
The Fund is not open yet. Leave your details and you will hear first.
Thank you. You will hear from us as soon as the SIA Catalyst Fund opens. Your reference is {ref}.Create a free My SIA account to keep everything you do with SIA in one place.
Running an enterprise and looking for finance? Start with Invest.
The instruments
The finance, in plain words
- Grant
- Money for an agreed purpose, such as equipment or a first hire. Not paid back.
- Recoverable grant
- Paid back only if the enterprise reaches agreed results, such as a revenue level.
- Revenue-share
- Paid back as a share of revenue, so repayments rise and fall with sales.
- Blended finance
- These tools, and public, philanthropic and private money, combined so each enterprise gets terms it can carry.
The Fund starts with grants and recoverable grants before riskier instruments.
Road to 2031
How the Fund grows
Year 12026–27Now
Design
Fund design and an anchor funder
- Memorandum of understanding with an anchor funder
Year 22027–28
First close
PKR 50 million
- First 20 investments or grants
Year 42029–30
Second close
PKR 100 million
20312030–31
PKR 250 million
The Fund fully capitalised
- PKR 500 million in capital mobilised in all, with follow-on funding
Seeded by donor and development-finance partners. Source: SIA Strategic Plan 2026–2031.
How a decision is made
From interest to funding
- 1Register interest
- 2ScreeningIs the enterprise ready?
- 3Due diligenceAccounts and impact data
- 4Investment committeeIndependent, with an experienced fund manager.
- 5Funding
- 6SupportHelp after the money arrives
Want to invest alongside the Fund?
Foundations, development partners, companies and impact investors, including the Pakistani diaspora.
FAQ
Questions about the Catalyst Fund
Is the Fund open now?
Not yet. It is being set up under the Strategic Plan 2026–2031. Leave your details in “Get informed when it opens” on this page to hear first.
Who decides which enterprises get finance?
An independent investment committee, after screening and due diligence.
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