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The Inter-American Development Bank Group (IDB Group) announced the five finalists of its sixth Superheroes of Development initiative, which honors creative and innovative solutions implemented in development projects financed by the IDB Group in Latin America and the Caribbean.

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IDB Lab, the innovation laboratory of the Inter-American Development Bank, has signed an agreement with Fondo de Fondos México, a specialized investment firm that seeks to develop and invest in private equity funds, venture capital funds, energy, infrastructure and social and environmental impact in Mexico and Latin America.

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The Ideas into Action 2023 initiative is accepting applications until September 22 from companies that wish to improve their processes and pilot innovative solutions.

Social and economic development demand innovative solutions to ensure access to water, sanitation, and energy and improve the quality of life in Latin America and the Caribbean.

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By Carolina Carrasco, Cesar Rosales y Eva Turiso

Some see its popularization as a powerful tool to improve results and enhance talents; others see it as a threat that looms beyond the potential loss of traditional jobs. We are talking about artificial intelligence (AI), a tool that is being used exponentially in practically all industries and sectors, drastically changing the way we work and relate to each other.

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Today the IDB Group opened a public consultation process to gather inputs from stakeholders for the preparation of its new Institutional Strategy. This document sets the basic strategic direction of the Inter-American Development Bank (IDB), IDB Invest, and IDB Lab as they work to support the economic and social development of Latin America and the Caribbean.

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The key players in financing and developing entrepreneurial ecosystems came together for the IDB Group's second flagship event to promote innovation and technology that improves lives in our region

IDB Lab Forum, the event led by IDB Lab, the IDB Group's innovation laboratory, concluded after two days of intense activities highlighting the importance of early-stage financing and the development of entrepreneurial ecosystems in promoting innovative solutions to significant economic and social challenges of Latin America and the Caribbean.

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THE FUNDS WILL SUPPORT PROJECTS THAT PROMOTE GENDER EQUALITY, ENTREPRENEURSHIP AND EDUCATIONAL OPPORTUNITIES FOR VENEZUELAN MIGRANTS AND THE COMMUNITIES THAT RECEIVE THEM.

 

The Inter-American Development Bank (IDB) and the U.S. Agency for International Development (USAID) announced $2.4 million for nine new BetterTogether/JuntosEsMejor Challenge awards to benefit Venezuelans in Argentina, Chile, Guyana, Panama, Peru, Trinidad and Tobago, and Venezuela.

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