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WASHINGTON, D.C. — November 28, 2018 — Global Innovation Exchange, a tech platform that aims to accelerate innovation in low-and middle-income countries (LMICs), recently released its first insights on the innovation landscape in global development. This report, first of its kind to look at aggregated innovation and funding data across sectors and geographies, aims to highlight the trends, gaps and opportunities to inform key business decisions by funders, innovators and others in the ecosystem looking to scale global development innovations.
The snapshot, “Global Development Innovation Landscape,” includes insights such as which countries have the strongest innovation ecosystems; innovation distribution by country; and funding opportunity distribution by sector. These insights represent more than 8,000 innovations across 12 global development sectors and 137 LMICs — and more than 650 funding opportunities comprising more than USD $350 million in cumulative funding. Data in this report is current as of October 2018.
“We are excited about this aggregated data, which has the power to inform decision-making, such as deciding which sector or countries should be prioritized for funding. We are also using these insights to identify and close the gaps in our data by working with country or sector experts. For example, we will be in India at the 10th Sankalp Global Summit in December to add more innovations from India, which currently appears to barely surpass Kenya as the country with the most innovations,” said Sweta Govani, lead of Global Innovation Exchange. “In the coming months, we’ll also be looking at insights about where funding has gone based on more than USD $1.2 billion of funding history that’s on the platform.”
Do you have interesting takeaways from the report or do you suspect that there are innovations missing for a specific sector or geography? We want to know. For questions, to share interesting takeaways, or request custom reports and analytics, contact the Global Innovation Exchange team at email@example.com.
About Global Innovation Exchange
Global Innovation Exchange (GIE) is a global development tech platform for innovations, funding and insights. The database of 8,200+ innovations, $350 million+ of cumulative funding, and $1.2 billion+ of past funding history serves as a fundraising resource for social entrepreneurs in LMICs as well as source of innovation information for the entire global development ecosystem. GIE is supported by the U.S. Agency for International Development (USAID), the Australian Department of Foreign Assistance and Trade (Australian Aid), the Bill and Melinda Gates Foundation and the Korea International Cooperation Agency (KOICA) and managed by Results for Development. www.globalinnovationexchange.org
About Results for Development
Results for Development (R4D) is a leading non-profit global development partner. We collaborate with change agents around the world — government officials, civil society leaders and social innovators — to create strong systems that support healthy, educated people. We help our partners move from knowing their goal to knowing how to reach it. We combine global expertise in health, education and nutrition with analytic rigor, practical support for decision-making and implementation and access to peer problem-solving networks. Together with our partners, we build self-sustaining systems that serve everyone and deliver lasting results. Then we share what we learn so others can achieve results for development, too. For more information, visit our website at: www.r4d.org.