LEADER 03086oam 2200445I 450 001 9910708055003321 005 20170321152308.0 035 $a(CKB)5470000002470028 035 $a(OCoLC)935688141 035 $a(EXLCZ)995470000002470028 100 $a20160122d2015 ua 0 101 0 $aeng 135 $aurcn||||a|||| 181 $ctxt$2rdacontent 182 $cc$2rdamedia 183 $acr$2rdacarrier 200 10$aForeign assistance, USAID venture capital approach relies on evidence of results but could strengthen collaboration among similar programs : report to congressional requesters 210 1$a[Washington, D.C.] :$cUnited States Government Accountability Office,$d2015. 215 $a1 online resource (iv, 47 pages) $ccolor illustrations 300 $a"December 2015." 300 $a"Accessible version." 300 $a"GAO-16-142." 320 $aIncludes bibliographical references. 330 $aUSAID 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. 517 $aForeign assistance, USAID venture capital approach relies on evidence of results but could strengthen collaboration among similar programs 606 $aVenture capital$zUnited States$xEvaluation 606 $aEconomic assistance, American$zIndia 606 $aEconomic development$zIndia$xEvaluation 615 0$aVenture capital$xEvaluation. 615 0$aEconomic assistance, American 615 0$aEconomic development$xEvaluation. 701 $aGootnick$b David B$01383013 801 0$bDID 801 1$bDID 801 2$bOCLCQ 801 2$bGPO 906 $aBOOK 912 $a9910708055003321 996 $aForeign assistance, USAID venture capital approach relies on evidence of results but could strengthen collaboration among similar programs : report to congressional requesters$93505726 997 $aUNINA