The Intercultural Management Institute's Education and Development Fund was established in 2005 to fund primarily students and other individuals interested in attending education, training, and development programs in the field of intercultural relations, but who may not otherwise be able to attend such programs.

The Fund covers, in part or in full, the fees for people to attend (as non-credit participants) workshops, symposia, or conferences conducted by IMI.

Applicants to the Fund may be students, alumni, or professionals in the field of intercultural relations who would benefit from attending IMI events, but are unable to participate because of the cost involved.

Applications are encouraged from those whose attendance would further enhance the diversity of attendees at IMI events.

To date, the Fund has awarded over 50 scholarships.