Global Innovation Exchange Reaches 10,000 Innovations  

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Global innovation Exchange

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WASHINGTON, D.C. — April 24, 2019 — Global Innovation Exchange (GIE) announced today that it now showcases more than 10,000 global development innovations on its platform — making it the largest innovation database for social entrepreneurs and funding agencies interested in scaling social innovations in emerging markets. These innovations span 13 sectors that include the following: Agriculture, Democracy, Human Rights, and Governance; Economic Growth and Trade; Education, Energy, Environment, Gender, Health, Housing and Infrastructure; Humanitarian Assistance, Transport & Supply Chains; Water Sanitation and Hygiene (WASH), and Youth in more than 137 low- and middle-income countries — comprising more than $1.3 billion in verified funding provided to these innovations.

 

Social entrepreneurs add information to and maintain, their innovation profiles on GIE. As a data quality indicator, GIE has verified milestones through partnerships with funders and other innovation supporters of various types and sizes, such as USAID, the UN’s Science, Technology & Innovation Forum and Villgro Kenya. 45% of the innovations on the platform have at least one verified milestone. By crowdsourcing the due diligence in the form of these verifications for thousands of innovations, GIE is striking a balance between data quantity and quality.

 

“What’s exciting is that we are starting to see a network effect – each GIE user, whether they are social entrepreneurs or those supporting them, are receiving and providing a benefit from their engagement with GIE,” said Sweta Govani, lead for Global Innovation Exchange at Results for Development. “As the database and users continue to grow, everyone continues to more easily and quickly finding the most promising innovations or partners they are looking for.” 


One of the 10,000+ innovations on GIE, is Mama Maji. They work with women in communities looking to expand their access to water, providing them with the skills, technology, and business plans necessary to expand access to water while increasing their incomes. The Mama Maji team shared their story of how they use GIE on a regular basis to find new funding opportunities and have tripled the number of challenges they’ve been able to apply to within just 6 months of using the platform.

 

In addition to information from social entrepreneurs and their supporters, GIE also incorporates information from other data aggregators such as the Center for Health Market Innovations, the Center for Education Innovations and the Grand Challenges Awards Repository.

 

GIE also runs a series of initiatives that brings new opportunities to social entrepreneurs who have up-to-date innovation profiles on GIE, including the new Innovation Finder Service. This service provides a new way for funding agencies and scaling partners to find promising innovations from GIE that may be a match for their strategic priorities (across any global development sector and geography).

 

To learn more about data on Global Innovation Exchange and how you can engage with it, click here.

 

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About Global Innovation Exchange

Global Innovation Exchange (GIE) is a global development tech platform for innovations, funding, and insights. The database of close to 10,000 innovations, $500 million+ of cumulative funding, and $1.3 billion+ of past funding history serves as a fundraising resource for social entrepreneurs in low- and middle-income countries as well as a 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