The Children’s Impact Multiplier Fund is Save the Children’s flagship venture philanthropy vehicle, leveraging philanthropic and concessional capital to de-risk investments and mobilise financing for child-focused enterprises across Africa and Asia. By supporting venture-like solutions, the Fund not only improves outcomes for vulnerable children but also creates investable pathways to achieve scale and attract private capital, particularly relevant in humanitarian contexts, where traditional funding falls short and private investment rarely reaches. For example, it has supported a social enterprise developing affordable medical technologies for children with disabilities caused by conflict, illustrating how innovative, market-based approaches can deliver both impact and sustainability in FCV settings.