SAN FRANCISCO — Development Innovation Ventures, which provides grants to test and scale innovations, is celebrating its 10 year anniversary.
The U.S. Agency for International Development’s DIV borrows from the venture capital model, allowing the agency to invest in high risk and high return projects that do not fit within the agency’s traditional structures.
At this week’s virtual Social Capital Markets conference, funders and implementers shared lessons from DIV over the course of the past decade, including how rigorous evaluation can support the scaling of innovation.
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About the author
Catherine Cheneycatherinecheney
Catherine Cheney is the Senior Editor for Special Coverage at Devex. She leads the editorial vision of Devex’s news events and editorial coverage of key moments on the global development calendar. Catherine joined Devex as a reporter, focusing on technology and innovation in making progress on the Sustainable Development Goals. Prior to joining Devex, Catherine earned her bachelor’s and master’s degrees from Yale University, and worked as a web producer for POLITICO, a reporter for World Politics Review, and special projects editor at NationSwell. She has reported domestically and internationally for outlets including The Atlantic and the Washington Post. Catherine also works for the Solutions Journalism Network, a non profit organization that supports journalists and news organizations to report on responses to problems.
