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Equalizer Challenges

The Equalizer Challenges are a core mechanism for identifying, backing and accelerating women-led and women-centred innovations, with the power to reshape women’s health and well-being. 

With support from the UNFPA Equalizer Accelerator Fund – which aims to equalize opportunities for women and girls and ensure rights and choices for all through innovation – UNFPA invests in early-stage solutions that have already demonstrated strong potential, then helps them mature into investment-ready, market-viable enterprises. 

By combining catalytic funding with technical assistance, visibility and connections within the women’s health ecosystem, the initiative helps innovators strengthen business models, increase investability and accelerate impact. Our approach reduces financial risk in innovation and eases the process of scaling up women- and youth-led enterprises that are too often excluded from traditional financing.

The Equalizer Challenges target some of the most urgent and under-invested areas in women’s health and well-being, including maternal care, gender-based violence prevention, and how climate change impacts women’s health.

By backing bold founders and building the conditions for scale, the initiative does more than fund innovation, it helps expand access to quality care, build stronger markets and create more equitable health systems worldwide.

Closing the women's health gap

Women's health is underfunded, under-researched and under-prioritized: 

1%

Global healthcare research funding that addresses female-specific conditions, beyond oncology

$1.7Tn

Credit gap faced by women-owned and women-led small and medium enterprises, compared with men’s

<3%

Global venture capital funding for women-owned startups

UNFPA is closing the gap by investing in women-led innovations that reshape the future of women’s health.

How we drive change

  • Catalytic seed funding: Seed grants help innovators pilot and scale up solutions, without giving up ownership.
  • Expert mentorship and leadership development: Innovators receive mentorship, leadership and skills training from global experts and business leaders.
  • Tailored support and community ties: Individual guidance and a supportive peer community help accelerate progress.
  • Global connections and visibility: Access to UNFPA’s network in more than 150 countries, including strategic partners and investors, helps showcase and amplify impact.

Our impact

Real change. Real reach. Here’s the impact the Equalizer Challenges have made since launching in 2022.

40

Women-led innovations and research initiatives supported

$2M+

Provided in seed grants and capacity building

5 million+

People impacted in 30 countries

3x

Average follow-on funding mobilized after programme support

$5M+

Raised by winning organizations

93%

Organizations and teams selected in the past three years still operational

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Learn more about the Equalizer Challenges

Support innovation where it matters most

Join us in funding the next wave of impact for women and girls.

For donor and funding partnership inquiries related to the Equalizer Challenges, please contact equalizer.challenge@unfpa.org.

Updated 9 February 2026

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