The U.S. Agency for International Development’s (USAID) U.S. Global Development Lab today announced $14.1M in new grants to 32 organizations from around the world. The awards are funded through the Development Innovation Ventures (DIV) program, a year-round open competition that seeks breakthrough development solutions with the potential to change millions of lives at a fraction of the usual cost.
DIV works to source, test, and scale innovative development ideas that are evidence-based, cost-effective, and have the capability to deliver greater results. 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.
