What kinds of competitions does Development Marketplace run?
Competitions are held at the global, regional and country level. While at each level competitions have specific characteristics, as outlined below, all loosely follow the same structure: 1. A call for proposals is open; 2. Applications undergo rigorous scrutiny by development experts from inside and outside the World Bank who select finalists; 3. Finalists are brought together at the Marketplace to present their ideas to the public and participate in networking and knowledge sharing events; and 4. A jury comprised of seasoned development professionals from inside and outside the World Bank interview the finalists during the Marketplace and then selects the projects for DM funding. The winners are announced at the close of the Marketplace. Find out when and where a regional or country competition is held near you! The 2008 Global Development Marketplace competition closed on March 21. Finalists will be announced on June 23. What are the differences between global and country/regional competitions? | Global | Country and Regional | Grant size | Up to $200,000 | $10,000 to $50,000, depending on country | Length of implementation | Up to two years | Up to one year | Competition theme | Sector-based (i.e., water and sanitation, health and nutrition, etc) | Linked to World Bank country strategy | Objective | Identify and fund innovative projects with large potential for development impact | Identify and fund innovative projects that address country-specific development issues | Frequency of competition | Every 12 to 18 months | Six to nine countries per year | Location of Marketplace | Washington, DC | Country-specific | Event administrator | DM team in Washington, DC | World Bank country office |
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