External review of the value-addition of the Katalyst Innovation Fund (KIF) to the Katalyst portfolio in Phase 3

Innovation is one of the driving forces in development. However, innovation can be expensive and at times risky, which oſten prevents or delays the emergence of important new ideas. That is why Katalyst project has launched the Innovation Fund initiative, a grant delivery mechanism to spur and encourage innovations in Bangladesh’s agri-business sector that ultimately benefit poor farmers across Bangladesh. Targeted at a broad range of actors such as private sector companies, NGOs, associations, think-tanks and consultancy firms, the Innovation Fund supported new, creative solutions that will help poor farmers to realize their full potential by increasing their economic involvement in the markets.