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Wednesday, 26 February 2014

DAC Prize: taking development innovation to scale

The DAC Prize for Taking Development Innovation to Scale is awarded for taking an innovative approach, instrument, mechanism beyond the pilot phase to a wider application. The last decades have seen unprecedented development progress in all regions of the world. A key contribution in closing remaining development gaps will have to come from innovative solutions that can be taken to scale.
The objective of the Prize is to promote the scaling-up of innovations that address important development gaps. Scalability is usually a key criterion for support to innovation by development partners. So far, however, there has been very limited uptake of such innovative solutions beyond the pilot or trial phase and little discernible systematic effort to take them to scale.
With this prize, the DAC wants to acknowledge development actors who take the step from supporting innovation to using it systematically and strategically to address development challenges, by taking it to scale. The prize will take the form of a public award that bestows visibility and official recognition on the winning entries. It does not include a monetary or material reward. At the same time, the prize may contribute to mobilizing additional resources for the development solutions highlighted by the winning entries.

Source: OECD