The United Nations Development Programme (UNDP) established the Innovation Facility in 2014, with support from the Government of Denmark, as a dedicated funding mechanism to nurture promising development interventions.
The Innovation Facility offers technical assistance and seed funding to collaborators across 170 countries and territories to explore new approaches to complex development challenges. Since its inception, the Innovation Facility has fostered innovation labs across all 5 regions to better deliver and monitor SDGs. In 2015, the Innovation Facility invested in 62 initiatives across 45 countries to achieve 16 SDGs.
References
UNDP Innovation Facility Wikipedia(Text) CC BY-SA