Silicon Valley, June 24th, 2016 - During the Global Entrepreneurship Summit 2016, the U.S. Agency for International Development’s (USAID), Australian Aid, Bill and Melinda Gates Foundation and Korea International Cooperation Agency (KOICA), launched the Global Innovation Exchange (the Exchange) alongside partners from across government, business, academia, and civil society who believe they can find solutions to major global issues through collaboration.
The Exchange is an online marketplace for innovators, funders and subject matter experts to connect and share valuable insights and resources to accelerate global development innovation and better address major global issues.
The Young Americas Business Trust (YABT) YABT is a proud partner of the Global Innovation Exchange alongside USAID and organizations from across government, business, academia, and NGOs who believe that together we can tackle humanity’s greatest challenges.
Key ways to use the Exchange include:
Knowing that a breakthrough idea can come from anyone, anywhere, the Exchange aims to democratize development. It is an open, public-good platform that is available to everyone. Already home to nearly $173 million funding opportunities, more than 4,200 innovations, and more than 8,800 collaborators, the Exchange is rapidly expanding, reaching every corner of the world.
The Young Americas Business Trust (YABT) is an international nonprofit organization, founded in 1999, and Works in cooperation with the General Secretariat of the Organization of American States (OAS). YABT supports the objectives of the OAS and the mandates of the Summit of the Americas to develop and implement programs and activities that support youth entrepreneurship and leadership in the countries of the Americas – combating poverty and creating more opportunities for young people.