Origination - How To Apply
The starting point of IDB Lab+ will be a clearly defined and focused impact. IDB Lab applies the Focus and selectivity, Ecosystem impact, and synergies criteria as filters to select operations. Historically less than 10% of projects fulfill our IDB Lab+ impact criteria.
What requirements must a project meet in order to be financed by IDB Lab?
- Does the project meet the Focus and Selectivity, Ecosystem Impact, and Synergies criteria?
- Is your entity formally registered in 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
- Will you provide counterpart funding to carry out the project of the same or similar amount that you request from IDB Lab? Do you have a guaranteed source?
- Submit your Ecosystem Project: Share your project here
From Submission to Concept
IDB Lab Ecosystem Building Unit Specialists will filter the submissions and get in touch with potential leads for further information request or potentially draft concept note for internal eligibility.
Project Lifecycle Timeline
- Airtable
• Tracking and managing project lifecycle - Project Idea (1–2 months)
• Review IDB Lab Impact+ Strategy - IDB Lab Specialists Review (1–2 months)
• Additional info request
• Invitation to draft concept note - Draft Concept Note (1–2 months)
- Eligibility Approval (1 week)
- Due Diligence (3 weeks)
- Project Design (4 months)
• Results Matrix
• Donors Memo
• Budget
• Annexes - Quality Control Committee (2 weeks)
- Approval Committee (1 month)
- Agreement (1 month)
- Disbursement Conditions (1 month)
Execution