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WASHINGTON — IDB Lab, the innovation and venture arm of the Inter-American Development Bank Group (IDB Group), announced an investment of $8 million in the AgVentures III Fund managed by SP Ventures in collaboration with the Japan International Cooperation Agency (JICA) and other partners to support "agtech" and "foodtech" innovation across Latin America and the Caribbean.

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PARAMARIBO — IDB Lab, the innovation laboratory of the Inter-American Development Bank Group (IDB Group), formalized the Matawai Liba: Amazon Conservation and Community-Based Tourism Project through the signing of an agreement with the Amazon Conservation Team Guianas (ACT), the project’s Executing Agency.

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By Erika Molina

Food security has become one of the most urgent challenges for Latin America, even in regions with enormous productive capacity. The Southern Cone, recognized as one of the most fertile agricultural territories in the world, faces a persistent paradox: according to the FAO, in 2023 more than 110 million people in the region experienced moderate or severe food insecurity, reflecting the difficulty of consistently accessing nutritious foods.

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WASHINGTON — IDB Lab, the innovation and venture capital arm of the Inter-American Development Bank Group (IDB Group), has approved an investment of up to $3 million in Amador Seed Fund II, LP (ASF II) to drive the growth of innovative, technology-based ventures in Latin America and the Caribbean, with an emphasis on Central America.

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Investments, partnerships, and new programs are boosting the country’s entrepreneurial ecosystem and driving innovation across Latin America and the Caribbean.

SAN SALVADOR — GET Forum, the flagship innovation event of the Inter-American Development Bank Group (IDB Group), held for the first time in Central America — in El Salvador — showcased the progress of regional entrepreneurs and highlighted the host country’s positioning as an emerging hub for startups.

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