Global Innovation Fund
Global Innovation Fund The Global Innovation Fund , or GIF, is social impact-first investment vehicle that works with mission-aligned development agencies, philanthropy, and other funders to find and fund evidence-based innovations with the potential to positively impact the lives of millions of the world’s poorest people. They play a distinct role alongside existing development assistance by taking smart risks public agencies cannot using a range of financial instruments to achieve our mission. They help guide entrepreneurs through their journey to scale using a venture-style staged funding approach where more speculative ideas receive smaller amount of support and increased funding follows successful testing and achievement of proof points. Often, entrepreneurs’ good ideas fail to generate their full potential social benefit because there is a mismatch between the kind of capital they need and the kind of capital available to these high-risk investments. At G...