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The Challenge of Challenge Funds

19 th November 2013 David Elliott. The Challenge of Challenge Funds. Presentation. Towards a Definition Design Issues Diversity of Beneficiaries Attractiveness to Donors Results Measurement The Next Generation. Towards a Definition. Competitive business proposals

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The Challenge of Challenge Funds

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  1. 19th November 2013 David Elliott The Challenge of Challenge Funds

  2. Presentation • Towards a Definition • Design Issues • Diversity of Beneficiaries • Attractiveness to Donors • Results Measurement • The Next Generation

  3. 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

  4. 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

  5. Diversity of Beneficiaries • Business Innovation Facility • Food Retail Industry Challenge Fund • Afghanistan Business Innovation Fund • Girls Education Challenge • ‘You Win’ Nigeria

  6. Attractiveness to Donors • Transparency • Innovation • Efficiency • Leverage • Scalability and Replication

  7. Results Measurement • Focus has been on process indicators • Limited evidence on impact • Project impact or systematic change • Additionality or just displacement

  8. 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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