03086oam 2200445I 450 991070805500332120170321152308.0(CKB)5470000002470028(OCoLC)935688141(EXLCZ)99547000000247002820160122d2015 ua 0engurcn||||a||||txtrdacontentcrdamediacrrdacarrierForeign assistance, USAID venture capital approach relies on evidence of results but could strengthen collaboration among similar programs : report to congressional requesters[Washington, D.C.] :United States Government Accountability Office,2015.1 online resource (iv, 47 pages) color illustrations"December 2015.""Accessible version.""GAO-16-142."Includes bibliographical references.USAID established the DIV program in 2010 with a goal of creating a portfolio of innovations that contribute to reducing global poverty. Borrowing from the venture capital model, DIV seeks to identify and test innovative development solutions based on three core principles: rigorous evidence, cost-effectiveness, and potential to scale up. As of 2014, India was the largest recipient of DIV funding, representing approximately one-third of the program's portfolio. In this report, GAO examines the DIV program's (1) distribution of funding and (2) efforts to measure progress toward achieving its goals, and for DIV's activities in India, GAO examines (3) the extent to which DIV uses evidence to make funding decisions and assess results and (4) DIV's collaboration with similar U.S. development assistance innovation programs. GAO reviewed and analyzed DIV documents and data for fiscal year 2010 to 2015, and interviewed agency officials and grant recipients. GAO selected India as a nongeneralizable case study and conducted fieldwork in that country. GAO recommends that USAID establish (1) performance targets to assess DIV's progress toward its goal and (2) a joint approach to collaboration for similar programs in India, while considering such an approach in other countries, as appropriate.Foreign assistance, USAID venture capital approach relies on evidence of results but could strengthen collaboration among similar programs Venture capitalUnited StatesEvaluationEconomic assistance, AmericanIndiaEconomic developmentIndiaEvaluationVenture capitalEvaluation.Economic assistance, AmericanEconomic developmentEvaluation.Gootnick David B1383013DIDDIDOCLCQGPOBOOK9910708055003321Foreign assistance, USAID venture capital approach relies on evidence of results but could strengthen collaboration among similar programs : report to congressional requesters3505726UNINA