DIV holds a year-round grant competition for innovative ideas, pilots and tests them using cutting-edge analytical methods, and scales solutions that demonstrate widespread impact and cost-effectiveness. DIV’s tiered-funding model, inspired by the venture capital experience, invests comparatively small amounts in relatively unproven concepts, and continues to support only those that prove they work. Visit he DIV portfolio to see DIV the evidence-gathering and scale-up activities of DIV winners around around the world.
THE DIV DIFFERENCE
DIV’s objective is to support the discovery of better ways to solve big problems. America is facing a time of austerity, but significant development challenges drive a strong imperative for our action as global citizens. As a result, we need to work harder than ever to implement solutions that get the biggest bang for our development bucks.
The DIV model is designed to help us advance what works while avoiding long term investments in what doesn’t. DIV blends best practice due-diligence strategies in its exciting new development approach that turns bright ideas into bold results: the DIV model includes tiered risk management systems from venture capital; research approaches from economics; and development expertise from nonprofits and government.
THE DIV APPROACH
Our model is simple: we hold a competition for bold development ideas, we pilot them in small increments and test their effects, and we scale those that demonstrate widespread impact and cost-efficiency. In the innovative process, we find both failures and successes: but when ideas fail, we learn that quickly and at relatively low expense; and when ideas succeed, we find out how to reach millions of people at a fraction of the usual cost.
DIV BY THE NUMBERS
Numbers updated December 2013
DIV AND USAID
USAID launched Development Innovation Ventures (DIV) in October 2010 to find, test, and scale ideas that could radically improve global prosperity. DIV is part of USAID’s commitment to invest in cost-efficient innovations that address global development challenges.
Last updated: April 28, 2014