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Diane Publishing Books
Foreign Assistance: USAID Venture Capital Approach Relies on Evidence of Results but Could Strengthen Collaboration among Similar Programs
David B. Gootnick (au)
The U.S. Agency for International Development (USAID) established the Development Innovation Ventures (DIV) program in 2010 with a goal of creating a portfolio of innovations that contribute to reducing global poverty. Borrowing from the venture capital model, DIV seeks to identify and test innovative development solutions based on three core principles: rigorous evidence, cost-effectiveness, and potential to scale up. As of 2014, India was the largest recipient of DIV funding. This report examines the DIV programäó»s (1) distribution of funding and (2) efforts to measure progress toward achieving its goals; and for DIVäó»s activities in India, it examines (3) the extent to which DIV uses evidence to make funding decisions and assess results; and (4) DIVäó»s collaboration with similar U.S. development assistance innovation programs. Tables and figures. This is a print on demand report.
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