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innovation_in_international_development

INNOVATION FOR

INNOVATION FOR INTERNATIONAL DEVELOPMENT: Navigating the paths and pitfalls Acknowledgements We would like to thank all of the contributing authors for taking the time out of their busy schedules to craft such thoughtful and insightful essays, and for working with us in so collaborative a fashion during the writing of this book. We are especially grateful to them all for sharing their achievements and their challenges in such an open and lucid way, and for the much-needed practical advice they offer for the benefit of those embarking on their own journeys in innovation for international development. Thanks also to all those experts who participated in early brainstorms, shared ideas or commented on early drafts including: Michael Carnahan, Dan Honig, Paul Skidmore, Kippy Joseph, Jill Boezwinkle, Duc Tran and Anja-Nadine Konig. At Nesta, thanks firstly to Irina Ulcica, who provided excellent and essential research and editorial support during her internship. Thanks also to Giulio Quaggiotto and Geoff Mulgan for advice and feedback throughout, and to Helen Durham and Sally Stott for their support in the production process. About Nesta Nesta is an innovation foundation with a mission to help people and organisations bring great ideas to life. We are dedicated to supporting ideas that can help improve all our lives, with activities ranging from early–stage investment to in–depth research and practical programmes. Nesta is a registered charity in England and Wales with company number 7706036 and charity number 1144091. Registered as a charity in Scotland number SCO42833. Registered office: 1 Plough Place, London, EC4A 1DE. www.nesta.org.uk © Nesta 2016 2

? ? INNOVATION FOR INTERNATIONAL DEVELOPMENT: INNOVATION FOR INTERNATIONAL DEVELOPMENT NAVIGATING THE PATHS AND PITFALLS Navigating the paths and pitfalls ? Foreword 6 Dr Judith Rodin, President, Rockefeller Foundation ? Searching for the state of the art 8 Kirsten Bound and Ben Ramalingam Part one: How to fund innovation 22 Funding innovation for development: lessons from 26 Development Innovation Ventures Dave Ferguson, Director of the Centre for Development Innovation, USAID Global Development Lab What we’ve learned so far from the global experiment in 35 Grand Challenges for health and development Steven Buchsbaum, Deputy Director of Translational Science, the Bill & Melinda Gates Foundation Impact bonds as a route to development innovation 51 Toby Eccles, Founder and Development Director, Social Finance How philanthropies can be pioneers in funding innovation 61 Sarah Dunn, Former Director of Strategy, Children’s Investment Fund Foundation 3

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