International Finance Corporation (IFC) Scholarships

      • IFC Impact Investing Challenge 2024

      • The IFC Impact Investing Challenge is a preeminent competition for graduate students worldwide.Hosted by the International Finance Corporation (IFC), a leader in impact investing, this challenge offers an unparalleled chance to engage directly with IFC staff and present innovative solution ... read more and apply
      • IFC Flash Essay Contest for Women in Manufacturing 2023

      • Join the International Finance Corporation (IFC) and its partners at the IFC’s 4th Global Manufacturing Conference: Accelerating Solutions for Sustainable Manufacturing. The event will take place in Vienna, Austria on September 26-28, 2023. The Conference will bring together leading manufactur ... read more and apply
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The International Finance Corporation (IFC) is an international financial institution that offers investment, advisory, and asset-management services to encourage private-sector development in less developed countries. The IFC is a member of the World Bank Group and is headquartered in Washington, D.C. in the United States. It was established in 1956, as the private-sector arm of the World Bank Group, to advance economic development by investing in for-profit and commercial projects for poverty reduction and promoting development The IFC's stated aim is to create opportunities for people to escape poverty and achieve better living standards by mobilizing financial resources for private enterprise, promoting accessible and competitive markets, supporting businesses and other private-sector entities, and creating jobs and delivering necessary services to those who are poverty stricken or otherwise vulnerable. The IFC is owned and governed by its member countries but has its own executive leadership and staff that conduct its normal business operations. It is a corporation whose shareholders are member governments that provide paid-in capital and have the right to vote on its matters. Originally, it was more financially integrated with the World Bank Group, but later, the IFC was established separately and eventually became authorized to operate as a financially-autonomous entity and make independent investment decisions. It offers an array of debt and equity financing services and helps companies face their risk exposures while refraining from participating in a management capacity. The corporation also offers advice to companies on making decisions, evaluating their impact on the environment and society, and being responsible. It advises governments on building infrastructure and partnerships to further support private sector development.