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Toolkits
Stories
Partners
In recent years, DM forged partnerships with the Gates Foundation, Global Environment Facility, Google Foundation, MacArthur Foundation, UNAIDS and the Global Village Energy Project, among others to fund DM winners of global competitions. For country/regional marketplaces, numerous bi-lateral and multi-lateral aid agencies, embassies, local government organizations, research centers and large corporations have contributed to the Development Marketplace award pool.
In addition to funding projects, partners can participate in the upstream assessment process and be a member of the high-profile jury that selects the winners of a competition. Partners also often serve as keynote speakers in knowledge exchange forums at the Marketplace event held for the finalists of a competition.
Testimonials
“Given the enormity of the need and the constraints on funding, we, as well as our partners of the international development community, need to open our coffers for smart and well-targeted investments to improve the lives of the world's most vulnerable societies. It's satisfying to see that our support for the Development Marketplace enables the winners of this year's global competition to become part of that joint effort.”- Monique Barbut, CEO of GEF
"We believe fundamentally that this one of the breeding grounds for some of the best and brightest ideas in development today."- Joe Cerrell, director for Global Health Advocacy, Bill & Melinda Gates Foundation
"The best chance we have for addressing deep social problems is to support the creative work of social entrepreneurs who bring initiative, ingenuity and resourcefulness to the challenge. The World Bank's Development Marketplace provides a unique opportunity for a number of the most innovative and successful social entrepreneurs to get the recognition and support they deserve."
- Gregory Dees, Professor of the Practice of Social Entrepreneurship and Nonprofit Management, Duke University
“The Development Marketplace has encouraged the Bank to look at fighting poverty in a new way, giving a very top-down organization a view from the grass roots." -New York Times, Editorial, December 24, 2003
“Through its support for grassroots innovation around the world, [the World Bank's Development Marketplace] has been increasing the odds that new and effective approaches to economic development will emerge." -Harvard Business Review, Best Practice Case Study, November 2002