
AgResults Initiative
AgResults is a $152 million collaborative program between the governments of Australia, Canada, the United Kingdom, the United States, and the Bill & Melinda Gates Foundation that funds agricultural Pay-for-Results prize competitions. AgResults uses these competitions to incentivize the private sector to overcome specific market barriers and invest in high-impact agricultural innovations. Since 2013, AgResults has designed and implemented these prize competitions, which are one type of Pay-for-Results pull mechanism, to develop solutions to food security and agriculture challenges that disproportionately affect people living in poverty.