Select Page

Apply for AI Opportunity Fund: For organizations registered in Asia-Pacific (A US$15 million initiative)

Apply for AI Opportunity Fund: For organizations registered in Asia-Pacific (A US$15 million initiative)

AI Opportunity Fund: An Overview

Artificial Intelligence (AI) is transforming economies globally, and the Asia-Pacific region stands to gain substantially from its adoption. To harness this potential and ensure that all workers can benefit, the AI Opportunity Fund, led by the Asian Venture Philanthropy Network (AVPN) in collaboration with and the Asian Development Bank, is stepping up to provide essential AI education and training. This initiative aims to build a robust pool of AI talent, thereby increasing the chances of success for workers in an AI-driven economy.

The AI Opportunity Fund is a $15 million initiative designed to support organizations in the Asia-Pacific region that are dedicated to educating and training workers in AI. The fund targets nonprofit and public interest organizations, as well as social enterprises, that have a mission to support workers, particularly those from underserved communities. These organizations are invited to apply for funding and training opportunities provided by the fund.

Key Insights

  • Economic Impact: According to the Google Economic Impact Report by Access Partnership, AI-powered products and solutions could contribute $3 trillion to businesses in key Asia-Pacific countries by 2030. This potential economic benefit underscores the necessity of equipping the workforce with relevant AI skills.
  • Inclusivity: The initiative emphasizes inclusivity, ensuring that AI education and training are accessible to all, thereby preventing any segment of the workforce from being left behind.

Who Can Apply?

The AI Opportunity Fund invites applications from a variety of organizations that meet the following criteria:

  • Type of Organizations: Nonprofits, public interest organizations, trade unions, trade bodies, municipalities, professional associations, and social enterprises.
  • Geographical Eligibility: Organizations registered in any Asia-Pacific country.
  • Mission and Track Record: Applicants must have a mission focused on supporting workers and a proven history of running programs for underserved communities.
  • Trusted Relationships: Demonstrated established, trusted relationships with underserved groups, with a clear understanding of their needs and barriers.
  • Commitment to Lifelong Learning: Organizations must be committed to promoting lifelong learning.

Note: For-profit entities without a social impact purpose are not eligible for this fund.

How to Apply

AVPN will begin accepting applications later this year from organizations that are interested in providing AI training and resources. Interested parties can learn more about the program and register their interest on the AVPN website.

Register Your Interest Here

About AVPN

AVPN is the world’s largest network of social investors in Asia, boasting over 600 members across 33 markets. AVPN acts as an ecosystem builder, fostering collaborations between policymakers, family offices, foundations, and the private sector to address Sustainable Development Goals (SDGs) gaps in Asia. Their mission is to promote a strategic, collaborative, and outcome-focused approach to social investing, ensuring resources are deployed effectively to tackle key social challenges.

Learn More About AVPN

About, Google’s philanthropic arm, leverages the company’s resources to address some of the world’s biggest challenges. Combining funding, product donations, and technical expertise, supports underserved communities and strives to provide opportunities for everyone. By partnering with nonprofits, social enterprises, and civic entities, aims to drive scalable, meaningful change in communities worldwide.

Learn More About

Frequently Asked Questions (FAQ)

For more information on the AI Opportunity Fund, including detailed application guidelines and eligibility criteria, please visit the FAQ section on the AVPN website.

Harnessing AI’s potential requires a concerted effort to equip the workforce with necessary skills and knowledge. The AI Opportunity Fund is a pivotal step towards an inclusive AI-driven future in the Asia-Pacific region.