Proceeding from UN strategy the next 10 years were declared the period of small farmers that aims on reducing poverty and improving global food security. Small family farming, besides of poverty and food control, can also be a key to reaching some global goals: gender equality, good health and well-being, sustainable community growth, partnership for […]
Open innovation inspires new solutions to the critical challenges affecting millions of people around the world. It also means that game-changing ideas and solutions can come from anyone, anywhere, and at any time. Celebrating its 10 year anniversary, Development Innovation Ventures (DIV) is USAID’s open innovation program that tests and scales creative solutions to any global development challenge. This panel will discus examples of how impact innovations scale to market – whether introduced by a local problem solver, a passionate American entrepreneur, a faith-based organization, a university lab, or any other change maker. The panel will also dive into the Technical Assistance models for innovators (e.g. Venture Assistance): the role it can play, who funds it, the value it offers, early learnings from the DIV portfolio and others (impact investors, foundations), filling a gap to ensure sustainability of investments, and DIV’s role in supporting evidence-based private sector solutions. The discussion will highlight as well approaches to investing in breakthrough innovations, driven by rigorous evidence, helping impact investors (including donors, philanthropists) identify and fund solutions positively impacting millions of lives at a fraction of the usual cost. This discussion will highlight examples of innovative pivots required of social enterprises, in developing countries, in the midst of the COVID-19 pandemic.
DIV Portfolio Managers
DIV Grantees (e.g. Muso, Living Good, VisionSpring, Evidence Action, Dimagi, TARL (teaching at the right level), Pratham, Young 1ove)