The USAID Development Innovation Ventures (DIV) is an R&D engine for development that supports innovative solutions with the potential to cost-effectively improve millions of lives. DIV offers a tiered funding model to right-size risk, providing three stages of grants: Stage 1 (up to $200,000) for real-world pilots and testing; Stage 2 (up to $500,000) for determining measurable impact and growth viability; and Stage 3 (up to $1.5 million) for accelerating the scale-up of validated, transformative innovations. DIV prioritizes investments that maximize expected social returns and demonstrate cost-effectiveness or commercial viability.
The fund is open to various types of innovators, including social entrepreneurs, researchers, and organizations working on bold ideas across any sector in countries where USAID operates. Applications are accepted on a rolling basis through an online portal. The process involves an initial review followed by a full diligence process for promising innovations, which may require detailed materials such as study designs, project budgets, and partnership letters. This is a prestigious opportunity for those looking to scale impactful solutions globally.
DEADLINE: Rolling Basis
Location : Global, Global
Categories : Entrepreneurship . Others
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