Development Innovation Ventures (DIV) is an open competition supporting breakthrough solutions to the world's most intractable development challenges—interventions that could change millions of lives at a fraction of the usual cost.
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 the DIV portfolio to see 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.
Opportunity is About:
Candidates should be from:
Description of Ideal Candidate:
DIV welcomes applications from U.S. and non-US organizations, individuals, non-profit, and for-profit entities,* provided their work is in a country where USAID operates.