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Global Impact

Global Impact

Global Impact
The open innovation approach encourages life Transforming solutions for critical challenges Impacting millions Of people across the globe. Development Innovation Ventures (DIV) work on a tiered funding model with below mentioned principles.

Overview

The open innovation approach encourages life Transforming solutions for critical challenges Impacting millions Of people across the globe. Development Innovation Ventures (DIV) work on a tiered funding model with below mentioned principles.
  • Rigorous evidence of impact
  • Cost-effectiveness
  • Potential for scale and sustainability

ELIGIBILITY CRITERIA

  • Individual Applicant
  • Partnership/ LLP/ Pvt Ltd companies
Gujarat Grant Funding

Funding

  • Stage 1: Pilot ₹1.64Cr (Upto $200,000)
  • Stage2: Testing and Positioning for
    Scale ₹12.30Cr (Upto $1,500,000)
  • Stage3: Transitioning to Scale
    ₹123.00Cr (Upto $15,000,000)
    Evidence Generation ₹12.30Cr (Upto
    $1,500,000)

We Help in

  • Pitch deck
  • Application submission
  • Pitch deck update
    (if required post application).

FAQs

Applicants can apply for funding at any stage. Stages are determined by the maturity of the innovation and proposed activities. The DIV team reserves the right to adjust the stage and funding amount requested during the review process. Please review DIV’s Annual Program Statement and our About DIV page for more information on DIV’s funding stages.

The typical award period for a DIV grant is 36 months; however, DIV may make awards for a maximum of five years in length.

No. All applicants, whether or not they are a previous DIV grantee, must complete the application process for any funding stage. DIV is not a pipeline: grantees can also apply and be considered for funding at the same or lower stages as they previously received funding. Applicants do not need to have received funding for an earlier stage from DIV to apply for later-stage funding.

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