1. Short title and table of contents (a) Short title This Act may be cited as the Fostering Innovation in Global Development Assistance Act of 2023 or the FIGDA Act of 2023 . (b) Table of contents The table of contents for this Act is as follows: Sec. 1. Short title and table of contents. Sec. 2. Findings. Sec. 3. Sense of Congress. Sec. 4. Chief Innovation Officer. Sec. 5. Authorities to support expanded use of innovation. Sec. 6. Development Innovation Ventures program. Sec. 7. Proven Solutions program. Sec. 8. Increase in fixed amount subawards. Sec. 9. Authorization for United States participation in the Global Innovation Fund. Sec. 10. Collaboration with United States International Development Finance Corporation. Sec. 11. Global innovation strategy. Sec. 12. Limitations. Sec. 13. Definitions. 2. Findings Congress finds the following: (1) The effectiveness of United States foreign assistance can be greatly enhanced by fostering innovation, applying research and technology, and leveraging the expertise and resources of the private sector to find cost-effective solutions to today’s most pressing development challenges. (2) Partnerships with entrepreneurs, experts, nongovernmental organizations, universities, and science and research institutions allow the United States to find solutions to specific development challenges in a faster, more cost-effective, and more financially sustainable way. (3) Enhancing the authorities that support results-based and pay-for-success innovation models will better enable USAID to diversify and expand both the number and sources of proven solutions that may be developed, tested, and scaled up, thereby increasing USAID’s opportunity to apply high value, cost-effective solutions to global development challenges. (4) As demonstrated by USAID’s Development Innovation Ventures program, innovation within United States foreign assistance can generate high social returns when it is centered on the creation of and reliance on rigorous evidence of impact on global development outcomes, a