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The IDB seeks out the 15 most innovative startups in Latin America and the Caribbean

The Inter-American Development Bank (IDB) has announced it launched a competition to select 15 startups from Latin America and the Caribbean to take part in the Demand Solutions innovation seminar that the Bank will hold in Washington, D.C. December 1–3.

As part of this seminar, the candidates selected will have access to disruptive content and a series of events, workshops, inspirational lectures and networking, among others. For instance, over the course of two days they will work under the Fly Garage model, an innovation incubator developed by Mondelez Internacional to be part of a social, collaborative and creative experiment for startups.

Candidates for the IDB competition must be between the ages of 18 and 35 and be founders or co-founders of startups with a minimum of one year of activity and a maximum of two. The companies must also feature a technological focus in one of these categories: Social Change, Cities and Climate Change, Health and Wellness, Education and Open Knowledge, Government and Citizen Participation, Gaming for Social Change and Technology in Financial Services.

Applications should be submitted on or before July 16, 2014, and must be done through the web site Candidates must send a video lasting a maximum of two minutes in which they introduce themselves and explain why they think their startup should be picked. Winners will be notified by e-mail in mid-September.

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