Development Innovation Ventures (DIV) provides grant funding to innovators and researchers to test new ideas, take strategic risks, build evidence of what works, and advance the best solutions.
DIV’s tiered-funding model embraces risk at early stages and mitigates risk at later stages, ensuring that funding is targeted to the most cost-effective innovations that can improve people’s lives. DIV takes a broad approach to innovation; innovations can be business models, products, behavioral interventions, applied research, or replications of proven innovations in novel environments.
DIV’s approach is centered around our three core principles: evidence of impact, cost-effectiveness, and scale. DIV assesses each applicant through the lens of these principles, commensurate to the stage or type of funding sought.
DIV uses a tiered-funding model to maximize impact per dollar spent. We invest small amounts in a variety of relatively unproven ideas and make large investments only in those ideas that demonstrate rigorous evidence of impact, cost-effectiveness, and the potential to scale and be sustained via the market or public sector.
Our funding is focused on outcomes, not inputs; this outcomes-based funding enables grantees to adapt and grow under changing circumstances to achieve the greatest impact.
DIV provides funding in three tiered stages and also provides funding for researchers seeking to generate rigorous evidence. Organizations should apply to the level that best matches their current scale and evidence base of impact and cost-effectiveness. Organizations may apply again for the same level of funding or another level of funding.