The total award pool for winners in the DM2009 competition has risen to $4.86 million. That means that Development Marketplace now expects to fund up to 24-25 projects among the nearly a hundred finalists from 47 countries. Another $600,000 will directly benefit the finalists -- mainly the winners -- by supporting knowledge exchange, technical assistance, dissemination of results, and project evaluation.
The Global Environment Facility continues to be a major partner for DM, adding $2 million this year onto its previous $5.6 million given to past competitions.
Visitors to the event, which opens tomorrow, Nov. 10, and continues to Friday, Nov. 13, will be able to video scenes from the floor and immediately upload their files with Flip cams that will be loaned out from the DM desk. (DM communications leader Edie Smith tries out the pocket cam as the exhibition takes shape in the Atrium of the Main Complex of the World Bank Group.)