Open Call – Conservation Finance Alliance (CFA) Incubator – Round 4

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Open Call – Conservation Finance Alliance (CFA) Incubator – Round 4

The Conservation Finance Alliance (CFA) is inviting early-stage conservation finance initiatives to apply for its Incubator Program, offering mentorship, capacity building, and up to USD $25,000 in grant funding to develop feasible, scalable solutions that advance conservation finance globally.

This program targets innovative projects that mobilize funding for nature and people, strengthening long-term financial sustainability and measurable conservation impact.

What Projects Are Supported by Conservation Finance Alliance?

The CFA Incubator supports projects that:

  • Develop financial instruments, business models, or investment mechanisms for conservation

  • Create sustainable funding solutions for protected areas, ecosystems, or biodiversity initiatives

  • Implement policy, regulatory, or non-profit mechanisms to unlock conservation finance

  • Advance climate‑smart conservation or nature-based solutions

  • Build community- or stakeholder-based finance initiatives

  • Conduct research or feasibility studies on innovative finance approaches

  • Strengthen early-stage projects with measurable environmental impact

Eligibility

  • Projects must be at idea or early-stage phase with a conservation finance focus

  • Open to initiatives from public, private, or civil society sectors

  • Must demonstrate a credible path to long-term financial sustainability or conservation impact

  • Only one project per applicant per cycle

  • Preference is given to projects with high potential for impact and innovation

Not Eligible:
Projects unrelated to conservation finance, general fundraising campaigns, or ventures without a clear conservation impact. Previous CFA Incubator projects cannot reapply.

Grant Size: Up to USD $25,000 per project (8 grants awarded among 16 selected projects)

Key Dates

  • Full Proposal Deadline: December 20, 2025

Applicants can submit through the Concept Feedback Window for rapid input or submit full proposals directly through the Open Call.

Application Process

  1. Concept Feedback Window: Receive written or 30-minute discussion feedback on your idea (until Nov 21, 2025). Feedback helps refine proposals before submission.

  2. Open Call for Proposals: Submit full proposals directly; deadline Dec 20, 2025.

Full proposals are reviewed by the CFA Incubator Technical Review Committee, a panel of global experts. 16 projects will be selected, with 8 receiving grant funding, and all gaining mentorship, training, and network access. Cohort announced in mid-March 2026.

Expected Outputs: Business plan, feasibility study, financial model, investor pitch deck, or implementation roadmap.

Mentor Opportunities

CFA is seeking experienced conservation finance professionals to mentor Round 4 projects. Mentors guide teams on business planning, financial structuring, and implementation, helping turn innovative ideas into real-world impact.

  • Become a Mentor for Round 4

Partners

The CFA Incubator is supported by Milkywire’s Nature Transformation Fund in collaboration with Klarna.

To know more about such opportunities, click here.