AN IDEA IS BORN
A constellation of visionary leaders – among them development economists, researchers, and business and finance professionals – team up to establish world-class development research facilities in India and nurture a new generation of critical thinkers
IFMR receives seed funding from ICICI Social Initiative Group
Three research centres are incubated:
- Centre for Microfinance
- Centre for Development Finance
- Small Enterprise Finance Centre
THE VISION
Promote inclusive development through evidence-based policies and practices
WHAT IT ACHIEVED
- Established model that taps global expertise to apply to Indian problems
- Enabled transfer of knowledge and best practices to create local capacities
- Created a trajectory for development practitioners and academic pursuits
- Established policy linkages and strategic partnerships
"Our principal interest was to understand how to maximise the impact we have on society"
Dr Nachiket Mor
REBRANDED AS ‘IFMR LEAD’
In January 2014, the three centres were integrated and rebranded as IFMR LEAD with a mission to ‘Leverage Evidence for Access and Development’:
- Centre for Digital Financial Inclusion is born
- Signed MoU with Government of Tamil Nadu for capacity building
- Evidence for Policy Design: EPoD India at IFMR, a joint initiative with Harvard Kennedy School, established
Catalyst - initiative to scale up digital payment systems launched as partnership between USAID and India’s Finance Ministry
IWWAGE - Initiative for What Works to Advance Women and Girls in the Economy launched
LEAD has since expanded its footprint, across India and beyond, through research engagements and partnerships
ACCOMPLISHMENTS
- Enabled knowledge transfer and initiated projects led by talent from the Global South
- Achieved sustainability and scaled up field operations
- Developed expertise on power of co-creation, and established critical partnerships
September 2019: LEAD joins forces with Krea University to enable synergies between academia and research. Krea’s interwoven learning approach brings together thought with action, and arts with sciences.
Combined with LEAD’s practical experience in working with partners on the ground, this has laid the foundation for a unique collaborative framework.
“LEAD’s evidence-based policy-making allows decision-makers to prioritise spending for optimal impact.”
Dr Sunder Ramaswamy, Founding Vice-Chancellor, Krea University