Did you catch Kozo Girls at our Atlanta Scale X Design pitch event? They were an audience favorite! They are at a critical moment in their fundraising and need your support! Check out their pitch and show them some love at https://www.gofundme.com/help-kozo-girls-to-scale
The weather has been bleak so we’ve been catching up on our reading!
Next on our list is InterAction’s new report on Innovative Finance for Development.The report includes a practitioner-oriented guide to 17 different IF4D instruments and a series of case studies. The instrument guide provides an in-depth review of each instrument, beginning with a summary snapshot table for that instrument, followed by a more extensive presentation of key factors NGOs should understand and consider. Hallelujah! We recently completed our own learning lab webinar on the topic and will post the lab here soon!
To grab the highlights – check out three key takeaways from this blog by InterAction staff Ben Bestor. You can also view past webinars and trainings from InterAction on the topic here.
“• Determine whether to “Build First” or “Build Together.” When determining whether to develop and prove a model alone or to build together with government, enterprises considered their partnership goal and need for ownership, and typically ended up customizing a solution between the two extremes.
• Determine type and level of evidence needed. Enterprises went beyond impact evidence and recognized that evidence needs may become more complex in later stages or in donor-dependent countries.
• Find and cultivate the right champions. Interviewees leveraged organizations already working in-country, sought contacts interested in iteration, institutionalized relationships through MOUs and contracts, and found ways to decrease the physical distance between champions and solutions.
• Demonstrate true partnership with listening, humility, and respect. It may seem obvious, but according to interviewees, it is worth repeating: approach government with respect and humility, communicate regularly, and show how you are responding to feedback with change.
• Proactively manage—or avoid—politics. Enterprises spread out risk by engaging across political ideologies, working with technical experts, managing multiple projects simultaneously, and being wary of promises made around elections.
• Help maintain quality of impact over time. To ensure continued quality of programs (especially when government takes over implementation), enterprises recommended the following: breaking solutions into small steps; creating roadmaps while still empowering partners to adapt; using test sites to iterate; creating monitoring tools; and seeking sustainable funding sources.”
We think this is great advice for all teams looking to scale innovation with governments! Understanding the type and level of evidence needed (especially when it comes to costs) and helping maintain quality as the government takes over are crucial areas that we see overlooked all the time.
Thanks so much to WSBTV for covering our Scale X Design Challenge events in Atlanta! Check out Cohort 3 Teams U-ME Capital and TESFA practicing their pitch and sharing their work with local journalists!