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Development Marketplace Turning Ideas Into Action.

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Presentation on theme: "Development Marketplace Turning Ideas Into Action."— Presentation transcript:

1 Development Marketplace Turning Ideas Into Action

2 Development Marketplace 1.Identify and support field testing of INNOVATIVE, early stage ideas with potential for high development impact. 2.Forge strategic partnerships to execute and scale-up these ideas. 3.Serve as a source of skill building and knowledge of best practices for social entrepreneurs. Program objectives

3 Key Client: Social Entrepreneurs Pioneers aiming to create transformational change for disadvantaged communities and ultimately for society at large. DM2006 Project: Mexican students drinking clean water from a UV-filter bucket.

4 2. Project Monitoring and Evaluation Core Activities 1. Competitions for Grants Global (one per year) Regional and Country level (~4 per year) 3. Knowledge Sharing

5 3. Marketplace Events Networking (peer-to-peer; with TA providers) Training (stakeholder communication; M&E; fundraising) Sector Dialogues on sub-themes of the competition Knowledge Sharing Activities 1. DM Website Resources Available (TA; upcoming Awards) DM Success Stories 2. DM Blog (just started in August)

6 Key Features of Competitions $55,000,000 Disbursed in Grants (2000-2008) $33,000,000 7 Competitions 234 Projects ~ $200,000 grant size 2 years implementation Outcomes expected 60% 40% $22,000,000 56 Competitions 1190 Projects ~ $20,000 grant size 1 year implementation Outputs expected Global DMs: Country DMs:

7 DM Grant Portfolio Among Competitors 49.0 19.5 7.0 5.9 3.1 2.5 2.4 1.31.1 0 5 10 15 20 25 30 35 40 45 50 USD$ Millions per year Draper Richards Fnd. Echoing Green New Profit E+Co Acumen Development Marketplace Verde Ventures Ashoka GEF Small Grant Program

8 Global DM2003-2008: Theme, Award Pool and Number of Projects Award Pool (USD, Million) DM2009: Climate Change Adaptation

9 Global Competition Contributors (Cumulative Award Pool 2003-2008 )

10 Event/KX Prep Identifying Innovative Projects Full Proposal TA Outreach and Call for Props Assessment Months 1201114625 3 Competition Design and Fundraising Identify Sector DM Event Launch DM Close Call 78 Announce Finalist 910 Proposals Ready ~25 winners identified 100 finalists identified ~35 Jurors (dev. experts) 2000-3000 proposals submitted Two rounds of assessment with ~200 assessors in 65 meetings

11 Assessment Criteria To Select Winning Proposals Innovation: Does the idea differ from existing approaches? Realism: Is the implementation time frame and budget realistic? Does the organization have the capacity to implement the project? 1 2 3 4 5 Results: Will the idea have clear and measurable results that will have a direct development impact on-the-ground? Sustainability: Does the idea have a financing strategy beyond the life of the DM project? Growth Potential: Is there potential for expansion? Can the project be implemented elsewhere?

12 Global DM2009: Climate Change Adaptation 1.To increase the resilience of local indigenous communities to climate threats 2.To encourage new approaches to community-based climate risk management with multiple environmental and social benefits for vulnerable communities with little capacity to adapt to environmental hazards, changes in natural resources, and further degradation in livelihoods. 3.To reduce climate-related disaster risks and to help households and communities adapt to climate change through tools and methodologies to identify climate-related hazards at the community level. Proposed Sub-themes: Call for proposal: End of January 2009 Marketplace event: November 3-5, 2009 (tbc) World Bank Headquarters, Washington, DC Objectives: Fund 25-30 innovative projects Reach out to and support local civil society organizations and other institutions; and Facilitate knowledge exchange across regions and stakeholders Crowded marketplace

13 Scojo: Low-cost Reading Glasses for the Poor, India DM2003, $118,210 Project idea To lengthen the working life of people with close vision problems To create livelihoods by supporting the poor to start businesses, or micro-franchises, selling ready-made reading glasses Development Potential Creates new distribution channels to sell glasses Improves incomes for entrepreneurs and clients Improves the working ability of people with poor vision Progress to date Trained 83 rural entrepreneurs and sold 4,000 frames during DM implementation Went on to replicate in six countries in three continents, selling more than 80,000 pairs of reading glasses and creating jobs for some 1,000 “vision entrepreneurs” Scojo has raised more than $1 million from USAID, the Acumen Fund, Draper Richards Foundation, Lavelle Fund for the Blind, Open Society Institute, and the Yale School of Management/Goldman Sachs Foundation Partnership on Nonprofit Ventures and others In 2007, Scojo began distributing glasses through Population Services International’s distribution network of urban pharmacy stores in 30 sub- Saharan countries

14 Roundabout Outdoor and HIV/AIDS Initiative, South Africa DM2000, $165,000 Project idea To install children’s merry-go-rounds (“roundabouts”) that double as water pumps near rural schools To store clean water in tanks that display HIV/AIDS awareness messages and commercial advertising to pay for the pumps Development Potential Brings water to rural communities Raises HIV/AIDS awareness Promotes play/ social skills Increases opportunities for girls and women Progress to date 700 play pumps installed throughout South Africa—original target was 50 The project expanded to Zambia, Mozambique and Swaziland In 2006, Roundabout raised nearly $20 million from USAID, the US Office of the Global AIDS Coordinator, IFC, UNICEF, MCJ Foundation, Case Foundation, the Henry J. Kaiser Family Foundation, ClearWater Project, Coca-Cola, Eskom and the South African Ministry of Water Affairs and Forestry By 2010, the project expects to serve 10 million people through 4,000 systems across Sub- Saharan Africa

15 E-Commerce for Farmers, Philippines, DM2002 - $118,039 Project idea To create a free electronic bulletin board designed to bring relevant market information directly to farmers, primarily through cooperatives To minimize middlemen's fees, enabling farmers to reap the gains of lower costs and broader market reach Development Potential Enables farmers to negotiate better prices using awareness of prevailing market prices Increases access of farmers to trading partners Minimizes intermediation enables farmers to price more competitively Progress to date Now operating sustainably at more than 24 agricultural cooperatives Website expanded to allow online transactions Online transactions for 2007 forecasted at $2 million

16 Thank you! For more information, visit: www.developmentmarketplace.org www.developmentmarketplace.org You can also contact: Theresa Bradley, team leader tbradley@worldbank.org Buzz at the marketplace floor, DM2008


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