is the Innovation Resource Facility?
The innovationXchange has established an Innovation Resource Facility (IRF) to provide Australian Aid with efficient access to high quality technical advisory services in frontier fields of aid and development. The IRF has also been designed to provide access, more broadly, to non-aid-related innovation skills in order to enhance DFAT and other Commonwealth Government departments' innovation capabilities.
can use the Innovation Resource Facility?
Anyone in DFAT or another Australian Government department can use the facility.
does the Innovation Resource Facility work?
You will be able to simply enter your request into the online IRF portal by defining the type of service you seek and some details to guide the IRF team to seek a solution for you. The IRF team will work with you as necessary to assist you to shape your request to ensure the best solution is achieved. Depending on the service/s sought, it could be free (such as a help desk enquiry) or the IRF team will rapidly come back to you with options for you to consider. All (non-classified) requests of the IRF will be maintained and searchable as the knowledge-base of activities, learning and achievements expands over time. For requests that cannot be handled on the spot, a very short three page service order is all that is required.
The Innovation Resource Facility can provide world-leading expertise in response to almost any new challenge or opportunity
The IRF will be led by AECOM who have formed a consortium to respond to almost any new challenge or opportunity including:
Innovative development financing:
Guarantees, insurance, equity investments, performance based instruments, returnable capital models, blended finance techniques.
Social impact investing:
Gender lens investing, social enterprise and support mechanisms, business model and shared value business model analysis.