
Application Deadline:
15 October 2025
About Organisation
Gray Matters Capital (GMC) is a private operating foundation founded by Bob Pattillo with a vision of enabling education that leads to more purposeful lives for women across the globe. Headquartered in Atlanta, GMC has established itself as a strong advocate for market-driven solutions and entrepreneurial approaches that create large-scale social impact. Its mission is to improve the lives of 100 million women worldwide by the year 2036, believing firmly that empowering women through education catalyzes broader societal progress. Over the past decade, GMC has invested nearly $160 million in initiatives spanning microfinance and education, with a strong presence in South Asia, Africa, and Latin America. Through its various portfolios, GMC nurtures innovative ventures and provides the resources necessary to build sustainable impact. coLABS, one of its core initiatives, is designed as a dedicated platform for supporting bold ideas and entrepreneurs who challenge existing limitations and reimagine solutions for underserved women and girls. GMC’s philosophy combines capital, mentorship, and partnerships to help emerging enterprises scale effectively, fostering long-term transformation in communities. With its strong commitment to impact-driven investment, GMC continues to champion ventures that align financial sustainability with measurable improvements in women’s lives.
About the Grant
coLABS is GMC’s early-stage investment portfolio, created to support pioneering social enterprises that can significantly improve the lives of women and girls. The program is designed to go beyond traditional funding by providing not only investment capital but also guidance, strategy, and ecosystem support for long-term success. The core belief driving coLABS is that investing in entrepreneurs with innovative, scalable solutions creates the strongest foundation for change. By adopting a gender-lens investment approach, coLABS strategically directs resources toward ventures where women are central—whether as leaders, stakeholders, or key beneficiaries. This model recognizes the critical role women play in driving community growth and sustainability. The grant terms are structured around revenue-share capital, with the expectation of generating healthy returns within 3 to 5 years of investment. Through coLABS, GMC is particularly interested in businesses that offer fresh ideas, have validated their sustainability, and are prepared to expand into new markets. The grant prioritizes enterprises that can grow rapidly, bring something unique to the market, and address challenges disproportionately affecting women and girls. Overall, the coLABS grant aims to combine financial return with measurable social progress, ensuring that enterprises can scale impactfully while transforming lives at the grassroots level.
Who can Apply?
coLABS seeks applications from early-stage social enterprises that demonstrate strong potential for scalability and impact, particularly in improving the lives of women and girls. Eligible applicants are ventures that align with coLABS’ four core criteria. First, women must be central to the growth of the business, whether through the solutions provided, the communities served, or the organizational model. Second, the company should address issues that disproportionately affect women and girls, ensuring that its work directly contributes to their quality of life. Third, applicants must showcase potential for rapid expansion—capable of reaching new markets, scaling customer bases, or diversifying services within five years. Fourth, enterprises should bring fresh, innovative ideas that introduce unique value to the ecosystem, moving beyond existing solutions. Applicants are expected to have tested their model, established some measure of sustainability, and now be at a stage where scaling is feasible. The program is best suited for businesses where revenue-share capital is an appropriate and effective type of investment. coLABS encourages applications from ventures across diverse geographies and sectors, provided they meet these conditions and can demonstrate clear, measurable impact. Both for-profit and impact-driven organizations are invited to apply for consideration.
How to Apply?
Applications for coLABS are accepted on a rolling basis. Interested enterprises can begin the process by submitting the pre-screen application form, which helps assess alignment with coLABS’ investment criteria. This initial step allows the team to evaluate potential fit and scalability. Shortlisted applicants will then be guided through subsequent stages of the application and evaluation process, leading to potential funding and partnership opportunities.
Application Deadline
There is no fixed deadline for applications. Enterprises can submit their pre-screen forms anytime during the year, as the coLABS team continuously reviews applications on a rolling basis.
Last Date To Apply
For more information, visit grants website here