The Challenge of Challenge Funds
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Transcript of The Challenge of Challenge Funds
Slide 1
The Challenge of Challenge Funds
19th November 2013David Elliott
•Towards a Definition•Design Issues•Diversity of Beneficiaries•Attractiveness to Donors•Results Measurement•The Next Generation
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Presentation
Towards a Definition•Competitive business proposals•Grants, loans, technical assistance on a partial or fully matched basis
•Commercial viability and development benefits
•Subsidy required for project to go ahead
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Design Issues•Objectives and rationale•Stand alone or part of a programme•Encouraging partnerships or sole beneficiaries•Broadcast or narrow targeting: geographies, sectors, gender, etc
•Levels and types of incentive/reward• In-house or contracted out
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Diversity of Beneficiaries•Business Innovation Facility
•Food Retail Industry Challenge Fund
•Afghanistan Business Innovation Fund
•Girls Education Challenge• ‘You Win’ Nigeria
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Attractiveness to Donors•Transparency• Innovation•Efficiency•Leverage•Scalability andReplication
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Results Measurement•Focus has been on process indicators•Limited evidence on impact•Project impact or systematic change•Additionality or just displacement
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The Next Generation•Objectives and Theory of Change more clearly defined
• Increased use of internet technologies•One of a series of interventions•Partnerships encouraged•Either narrowcast or broadcast•Packaged rewards rather than single prizes•More emphasis on impact and results measurement
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