CH-T1195 : Smart City in a Box: Promoting Better Cities through Technology

Project Status
Approved

This project seeks to comprehensively address these challenges by supporting the development of innovative world-class software and hardware solutions in Temuco that take advantage of the business and access opportunities offered by Smart Cities.1 The idea is thus to train specialized workers and generate opportunities for entrepreneurship and innovation for both established businesses and entrepreneurs, all underpinned by an open IT platform that will manage and provide information on the city, thereby fostering the technological integration of the solutions developed without requiring the city to make major investments. These efforts are designed to be replicated by the IDB Group in other cities in the region.

PROJECT DETAIL

Project Number CH-T1195
Operation Number ATN/ME-16393-CH
Country Chile
Sector PRIVATE FIRMS AND SME DEVELOPMENT
Subsector PRIVATE FIRMS AND SME DEVELOPMENT-ENTERPRISE DEVELOPMENT, CLUSTERS AND INNOVATION
Project Type Technical Cooperation
Environmental and Social Impact Category C
Project Status Approved
Approval Date OCT 12, 2017
IDB Financing * 0.86

PROJECT INFORMATION

Total Cost H USD 3,347,669
Country Counterpart Financing USD 2,487,669
Financing Type Non-Reimbursable Technical Cooperation
Fund MIF-Small Enterprise Dev. Facility
Reporting currency USD - United States Dollar
Reporting Date OCT 31, 2017
Undisbursed Amount H USD 860,000
PORTFOLIO DETAILS
Key Value
H Historical
R Revalued

*For active and closed projects, the IDB financing at Board approval is shown in US$ millions. This does not reflect any cancellations. For projects in Preparation the amount shown is the Estimated IDB Financing. Approved projects shows either Estimated IDB Financing or Historic Approved amount. The IDB financing for projects in the pipeline is indicative and may be modified during the project preparatio

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