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Intro - How To Apply

Intro - How To Apply

From an Idea Into an Operating Project

This tutorial is addressed to those entities that aspire to work with IDB Lab. It explains project stages from the project conception to the execution of the cooperation agreement with IDB Lab for its subsequent implementation

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INTRO Requirements PHASE 1 Origination PHASE 2 Design PHASE 3 Signature
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Financing gaps for start-ups and innovative companies that drive inclusion

IDB Lab seeks to promote innovative ventures and projects that resource to new technologies and have the potential to generate a large-scale impact by promoting economic and social inclusion. Funded initiatives must be related to the verticals or sectors that IDB Lab supports.

Our objective is to bridge the main financing gaps for start-ups and innovative companies that drive inclusion and systemic change in LAC. IDB Lab is the only regional entity fully dedicated to fostering innovation in LAC.

What requirements must a project and its proponent meet to be financed by IDB Lab?
Innovative solution

What new disruptive models or technologies does the solution leverage, e.g. Collaborative Economics, Behavioral Sciences, Circular Economy, etc. / Artificial Intelligence, Blockchain, Robotics, Internet of Things, Big Data, etc.

Impact to achieve scale

How the proposed solution will have a systemic and transforming impact on the lives of hundreds of thousands or millions of people in vulnerable situations and/or on the environment.

Be thematically aligned with IDB Lab’s priorities

Transversally, it must contemplate: reducing poverty and economic inequality, promoting diversity and gender equality, and being environmentally sustainable.

Geographic alignment

The solution must have an impact on one or more of the following 26 countries in Latin America and the Caribbean: Argentina, Bahamas, Barbados, Belize, Brazil, Bolivia, Chile, Colombia, Costa Rica, Dominican Republic, Ecuador, El Salvador, Guatemala, Guyana, Haiti, Honduras, Jamaica, Mexico, Nicaragua, Panama, Paraguay, Peru, Uruguay, Suriname, Trinidad and Tobago, and Venezuela

Clear path to achieve sustainability

How the project will be maintained after IDB Lab support ends.

Robust implementation capacity

What track record, team, business model, and if applicable, mastery of technology, the organization has to ensure the success of the project.

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Versatile and specialized financing.

It follows the innovation cycle

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