USAID Global development bank
USAID’s Global Development Lab hosts two open innovation programs:
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Grand Challenges for Development. Grand Challenges for Development focus global attention and resources on important problems and promote a series of innovative approaches to solving them. Since 2011, USAID and partners have launched nine Grand Challenges.
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Development Innovation Ventures is USAID’s open innovation program that tests and scales creative solutions to any global development challenge.
The Catalyst project is a five-year, $24 million buy-in mechanism that provides institutional support and technical assistance in the design and implementation of innovation and challenge programs.
S4S, in partnership with Interlink Capital Strategies, has been chosen as a prequalified vendor to provide business development support in 9 of the 10 categories to innovation and challenge program grantees. The categories are:
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Needs Assessment/Business Diagnosis
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Sales
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Market Research and Expansion Strategy
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Marketing/Communications
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Fundraising/Investment Readiness/Financial Systems
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Human Capital
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Partnerships
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Product Development, manufacturing and Engineering
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Strategic Advisory