Development Innovation Ventures (DIV) is an open innovation fund at USAID that sources, supports, and scales breakthrough solutions to global development challenges. Through a year-round grant competition for innovative ideas in any sector and nearly any country, DIV invests funding and hands-on support in solutions with the potential to deliver more impact, for lower cost, at sustainable scale.
WHAT IS INNOVATION?
Innovation can mean a lot of things. At DIV, we define innovation broadly, to include: new technologies, products, or services; new business or operational models; process, implementation, or system improvements; or applications of behavioral economics. Innovation need not be high-tech or product-based.
DIV IS DOING DEVELOPMENT DIFFERENTLY.
DIV was founded on the belief that the next breakthrough development solution could come from anyone, anywhere. As an open innovation fund, DIV opens the door of USAID to both traditional and non-traditional partners everywhere, with the goal of bridging the innovation gap for early-stage development solutions. Inspired by the venture capital experience, DIV uses a tiered, evidence-based grant funding model to catalyze innovations that work while avoiding long-term investments in those that don't. DIV funding allows innovators to test their ideas, gather rigorous evidence of impact and cost-effectiveness, and scale their proven solutions to reach millions of people.