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Seeing is Believing grants encourage innovators to see things differently

11 Apr 2016

Standard Chartered’s Seeing is Believing, a collaboration between the bank and the International Agency for the Prevention of Blindness (IAPB), has launched the second phase of its Innovation Fund, expanding five of the original projects and awarding grants to seven new projects.

Launched in 2013, the fund encourages innovators to develop pioneering ideas that have the potential to significantly impact how eye care is delivered in low and middle income countries. 

The first phase funded landmark projects which included developing smartphone technology to enable eye screening in remote locations in Kenya, building platforms for high quality remote online training in Africa and manufacturing realistic eye models to enable surgical training in Tanzania and Ethiopia.

In this next phase we have awarded grants totalling USD1.85 million, including USD0.85 million to seven new projects to begin tackling a diverse range of issues associated with avoidable blindness. These projects are:

Five of the projects from the fund’s first phase will now receive USD1 million to allow them to expand the scope of their work, either by continuing their research or scaling up their operations.  These projects are:

David Fein, Chairman of Seeing is Believing, said, “We are excited to award these innovation grants to these worthy organisations to enable them to continue to develop technological solutions to a host of challenges around avoidable blindness and sight impairment. They have the ability to revolutionise the way eye care is delivered in Africa and Asia.”

Peter Ackland, Head of IAPB, said, “This fund, and the grants that it provides, is at the forefront of breaking down the barriers that are standing in the way of eradicating avoidable blindness. The need for quality eye-care is most prevalent in remote, low-income locations. The Innovation Fund has allowed people and groups to approach that problem in unique and creative ways, and already we’ve made several breakthroughs that could revolutionise eye-care across the globe.”

Andrew Bastawrous, Founder of Peek Vision Foundation, said, “Our first grant from the Innovation Fund enabled us to run a trial in Kenya in which 21,000 children across 50 schools were vision screened in just nine days. 900 children were identified as having vision problems. By using the smartphone technology as an intervention, we were able to almost triple the number of children getting to hospital for treatment. Phase two will enable us to screen 300,000 Kenyan children, as well as expand into other countries. We’re trying to reach as many children as possible, and the Innovation Fund is helping us achieve that.”

For further information please contact:

Chantal Hadley
Manager, Group Media Relations
Standard Chartered
+44 (0)20 7885 6429
Chantal.Hadley@sc.com

Carmen Choy
Senior Community Investment Manager
Standard Chartered
+44(0) 20 7885 2107
Carmen.Choy@sc.com

About Seeing is Believing

Seeing is Believing is a global initiative to tackle avoidable blindness, and is a collaboration between Standard Chartered (a leading international banking group) and the International Agency for Prevention of Blindness (IAPB) and its membership of eye health organisations.

For more than a decade Seeing is Believing has been supporting projects to tackle avoidable blindness and visual impairment.  To date, Seeing is Believing has raised over USD86 million, taking it more than halfway towards its fundraising target of USD100 million by 2020. Funds raised through Seeing is Believing represent the single largest cash contribution from the private sector to the development of eye health programmes through IAPB.  As part of the Seeing is Believing programme, Standard Chartered pledges to match all donations until the target of USD100 million is reached.

Standard Chartered

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Standard Chartered PLC is listed on the London and Hong Kong stock exchanges.

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