BOGOTÁ — IDB Lab, the innovation and venture arm of the Inter-American Development Bank Group (IDB Group), together with Fundación Bolívar Davivienda, announced the launch of an initiative to expand investment opportunities in companies generating social and environmental impact in Colombia.

The new program, called AuRA – Impact Investment Ecosystem Accelerator, aims to strengthen the impact investing ecosystem by connecting investors with companies ready to receive capital, while providing capacity building, strategic connections, and innovative tools.

By Magdalena Coronel and Alejandro Rodríguez Vahos

In Latin America and the Caribbean, technology is increasingly establishing itself as a key driver of productive development and expanded opportunities. In this context, several markets across the region have shown sustained progress in channeling capital toward innovation, with Mexico emerging as one of the main hubs of activity.

WASHINGTON – IDB Lab, the innovation and venture arm of the Inter-American Development Bank Group (IDB Group), approved plans to invest up to $2.5 million in Innogen Delta I, the first venture capital fund to focus exclusively on Central American startups, especially in El Salvador, Guatemala, and Honduras.