AFD, Gates Foundation and the World Bank foster new financing solutions for development
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EmailThe Cité des Sciences et de l’Industrie in la Villette, Paris, will host the Marketplace on Innovative Financial Solutions for Development, March 4-5, 2010.
The event - a collaboration by the Agence Française de Développement (AFD), the Bill & Melinda Gates Foundation, and the World Bank - will bring together over 1,000 participants including development practitioners, donors, philanthropists, social entrepreneurs, academics, representatives of financial institutions, and policymakers.
A highlight of the event will be the selection of five winners (from 20 finalists) of a competition on innovative financial solutions. Each of the five winners will receive a grant of US$100,000 to further develop or implement their idea.
The combination of workshops, presentations and one-on-one sessions with financial experts is designed to create a unique opportunity for participants to share knowledge and to foster the creation of innovative financial solutions to address increasingly complex development challenges.