Organization · Grant Maker

Grassroots Business Fund

Grassroots Business Fund (GBF) is a global investment organization focused on providing patient capital and technical assistance to small and medium-sized enterprises in Eastern Africa, Asia, and Latin America. It aims to support high-impact businesses that create jobs and improve local standards of living.

Grant MakerFunderGrantor

Overview

What Grassroots Business Fund does

What Grassroots Business Fund is

Grassroots Business Fund (GBF) is a global investment organization focused on providing patient capital and technical assistance to small and medium-sized enterprises in Eastern Africa, Asia, and Latin America. It aims to support high-impact businesses that create jobs and improve local standards of living.

How it participates in the startup ecosystem

The current public profile supports funder and grantor capabilities. Each capability below is shown separately so organization identity and role-specific information do not get conflated.

Operational profile

Organization status and context

Organization status describes the entity itself. Funding and program availability appear within the relevant capability profile.

Operational status
Active
Organization type
Grant Maker
Founded
Founded in 2004
Approximate age
About 22 years
Structured capabilities
Funder · Grantor
Last reviewed
March 7, 2026

Official channels

Find Grassroots Business Fund elsewhere

Open the official website or a supported primary organization account.

Capability profile

Grassroots Business Fund as a funder

Investment thesis

Grassroots Business Fund focuses on financing and supporting enterprises that create jobs, strengthen value chains, and reach underserved markets, particularly in Eastern Africa.

Focus narrative

GBF provides patient capital and hands-on technical assistance to small and medium-sized enterprises (SMEs) in agriculture, manufacturing, and climate solutions across Eastern Africa. The organization targets businesses that are often overlooked by traditional lenders, particularly those led by women and youth. GBF employs a flexible investment model, offering loans ranging from $100,000 to $3 million, with terms designed to align with the growth cycles of the enterprises it supports.

Terms and economics

Typical check
$100,000–$3,000,000

Focus and fit

Regions
Global

Availability

Currently deploying
Yes

Portfolio and track record

Recorded portfolio count
80

Portfolio context

GBF has managed over $80 million in its portfolio, with more than 80 investments since 2008. The organization has achieved 21 portfolio company exits and reports that 80% of its portfolio companies have shown operational improvement. Notable initiatives include the Grassroots Business Investors Fund I, which invested $41 million in 33 companies, and the Blooming Roots Fund, which supports the reconstruction of businesses in Colombia affected by Hurricane Iota.

Capability profile

Grassroots Business Fund as a grantor

Grant thesis

Grassroots Business Fund focuses on financing and supporting enterprises that create jobs, strengthen value chains, and reach underserved markets, particularly in Eastern Africa.

Focus narrative

Grassroots Business Fund provides patient capital and hands-on technical assistance to small and medium-sized enterprises (SMEs) in agriculture, manufacturing, and climate solutions across Eastern Africa. The organization targets businesses that are often overlooked by traditional lenders, particularly those led by women and youth.

Value and support

Beyond funding, Grassroots Business Fund offers hands-on technical assistance to help enterprises improve their operations and achieve sustainable growth.

Grant economics

Grant range
$100,000–$3,000,000
Dilutive
No
Nonprofit only
No

Availability

Application state
Accepting

Eligibility and fit

Stages
Pre-seed · Seed · Seed+
Audience
Founders
Inclusion focus
women-founded and first-time-founder

Process and recipient context

Application process

For pitches or applications, interested parties can visit the Grassroots Business Fund website at gbfund.org. The organization employs a flexible investment model, offering loans designed to align with the growth cycles of the enterprises it supports.

Recipient context

Grassroots Business Fund has managed over $80 million in its portfolio, with more than 80 investments since 2008. Notable initiatives include the Grassroots Business Investors Fund I, which invested $41 million in 33 companies, and the Blooming Roots Fund, which supports the reconstruction of businesses in Colombia affected by Hurricane Iota.

Connected ecosystem

Continue from Grassroots Business Fund

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Common questions

What to know about Grassroots Business Fund

Upseed classifies Grassroots Business Fund under the Grant Maker organization type. Its current public profile includes funder and grantor capabilities.

Next step

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Source and update disclosure

Know what this page is based on

Source basis

Public organization and program material, official websites, and structured Upseed records.

Last reviewed

March 7, 2026

Known limits

Capability profiles appear only when a structured public profile also contains decision-useful role evidence. Terms and availability can change.

Upseed is an independent guide. It is not affiliated with or endorsed by the organization described on this page.