The U.S. Agency for International Development (USAID) and UK Department for International Development (DFID) are co-hosting "Innovating for Impact: The MDGs and Beyond" in partnership with the Governments of Australia and Sweden and the Omidyar Network.

This MDG Countdown event will feature the announcement of a new Global Innovation Fund (GIF) to provide grants and risk capital to social enterprises, for-profit firms, non-profit organizations, researchers, and government agencies working on breakthrough solutions to global development challenges.