DIV
About

Development Innovation Ventures is an open innovation fund within USAID’s Global Development Lab that sources, tests, and scales breakthrough solutions to global development challenges through a competitive process. Using an evidence-based, tiered funding model, DIV awards grants of less than $100,000 up to $15 million to support innovative development solutions. For innovations selected for DIV, we complement our funding with tailored support to accelerate their growth. Our mission is to catalyze development solutions with proven, cost-effective impact and support them in achieving sustainable scale through the public and/or private sectors.

 

Learn about DIV: 

Introduction

DIV is open year-round and accepts and reviews applications on a rolling basis. Applications are evaluated based on their evidence of impact, cost-effectiveness, and potential to scale. We fund innovations in any sector and any country where USAID operates.

Launched in 2010, DIV was co-founded by Michael Kremer, a Harvard development economics professor, and Maura O'Neill, USAID's former Chief Innovation Officer. Leveraging their respective expertise in development economics, venture capital, and innovation, they sought to combine evidence and innovation into a new approach for seeding and scaling evidence-based development solutions around the world.

DIV encourages smart risk-taking through our tiered, evidence-based model. We welcome applications at any of our 3 stages of funding:

Stage 1: Proof of Concept / Initial Testing ($25k-150k, up to 3 years)
Stage 2: Testing and Positioning for Scale ($150k-1.5m, up to 3 years)
Stage 3: Transitioning Proven Solutions to Scale ($1.5m-15m, up to 5 years) 

Through this model, we strategically test new ideas, gather evidence of what works, find failures quickly, cheaply, and without long-term commitments, and continue to support only proven solutions. DIV is designed to catalyze innovations that work while avoiding long term investments in those that don’t. DIV’s vision is to lead a new approach in international development by investing to enable disruptive solutions that positively impact millions of lives.

Did you know?

Since its founding in 2010, DIV has provided over $90 million in catalytic grant funding to nearly 170 innovations across 10 sectors and over 40 countries. That's progress. 

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