Development Marketplace Grantee Toolkit : Project Design, Monitoring and Evaluation for Small Innovative Projects
The Development Marketplace (DM) is a competitive grant program that identifies and supports field testing of innovative, early stage ideas with potential for high development impact. Administered by the World Bank, it attracts ideas from a range o...
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| Format: | Working Paper |
| Language: | English en_US |
| Published: |
Washington, DC
2014
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| Online Access: | http://documents.worldbank.org/curated/en/2011/12/16653756/development-marketplace-grantee-toolkit-project-design-monitoring-evaluation-small-innovative-projects http://hdl.handle.net/10986/17344 |
| Summary: | The Development Marketplace (DM) is a
competitive grant program that identifies and supports field
testing of innovative, early stage ideas with potential for
high development impact. Administered by the World Bank, it
attracts ideas from a range of innovators, including civil
society groups, social entrepreneurs, academia and private
sector. Various partners support competitions, held at the
global, regional and country level. To date, the DM has
awarded over $55 million for over 256 grants through its
global competition, supporting projects through
proof-of-concept phase. Using funding as a launching pad,
projects often scale up or replicate elsewhere. Sometimes
they win prestigious awards within the sphere of social
entrepreneurship. Global competitions are the keystone of
the DM program. Held every 12-18 months, each global
competition is initiated with an open call for proposals
which draws in applications from a range of social
innovators including civil society groups, entrepreneurs,
and academia. Roughly 25-30 winners out of thousands of
applications are selected through a rigorous juried
merit-based process. Each winner receives a grant of up to
$200K to implement their project over two years. |
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