On Thursday 2 January 2025, the Accelerating Impact (formerly ICFA Luxembourg) announced that the Call for Expression of Interest for the inaugural ISFA 2025 cohort is now open, with applications accepted up to 28 February 2025.

Accelerating Impact, powering the ISFA - International Social Finance Accelerator and the ICFA - International Climate Finance Accelerator, is an independent non-profit association, set up as a public-private partnership by the Luxembourgish state and a dozen private partners with deep experience in impact finance, with a mission to accelerate the impact finance leaders of tomorrow across the globe.

The ISFA offers an innovative multi-year programme that accelerates emerging fund managers focusing on three key pillars for social impact: 

- Decent Work across the Value-chain
- Adequate Living Standards and Wellbeing
- Inclusive and Sustainable Communities

To become an ISFA Cohort Member, and take advantage of the programme benefits, Fund Managers are selected through a highly competitive, three phase selection process, first by the Accelerating Impact team, then an independent consultant, and finally by our Selection Committee. 

To highlight the competitiveness of the programme, in 2024, the organisers had 64 eligible applicants for the ICFA programme and selected only five high-impact, innovative fund managers to be part of the 2024 Cohort.
 
Selected fund managers receive access to financial support, training on a wide range of topics, an expert coaching, and many other benefits. 
 
Starting this year, the ISFA programme will align with the selection process of its sister programme, the ICFA, by requiring additional documents at the Expression of Interest phase. 

Those interested in applying are asked to register at https://acceleratingimpact.org/create-account-for-isfa