The RGF will award grants between US$20,000 and US$250,000 to deserving projects.

Projects may include both the design and pilot-testing of a product or service.

The RGF is a cost sharing or matching grant fund. Applicants are expected to contribute a minimum of 25 percent of total project costs for smaller grant (up to US$50,000) applications, and a minimum of 50 percent for larger grant applications. Contributions may be in cash (preferred) or in kind.