IDB Lab Investment Seeks to Digitize Small Businesses in Brazilian Favelas

April 06, 2022
IDB Lab, the innovation laboratory of the Inter-American Development Bank (IDB) Group, will invest $1.5 million in Brazilian startup, Dolado, to promote the digitalization of micro, small, and medium-sized enterprises (MSMEs) operating in Brazil’s favelas. This capital will allow for the development of a platform that provides small merchants with access to credit and supply chains, as well as management tools that are custom-tailored for their specificities.
2022-04-06

IDB Lab and WeXchange Launch New Call to STEM Women Entrepreneurs

March 21, 2022
The initiative, aimed at fast-growing women entrepreneurs from Latin America and the Caribbean, will be open until April 8. Those selected will have access to investors and to training at a bootcamp organized by Google.
2022-03-21

IDB and Telefónica Launch Initiative to Connect Entrepreneurs and Corporations

November 07, 2021
Institutional partnership between the two organizations will promote inclusive digital transformation in different areas CIV-LAC is a platform that will help scale up nearly 600 startups through open innovation processes with large and medium-sized companies from Spain and Latin America  MADRID – Inter-American Development Bank (IDB) President Mauricio Claver-Carone and Telefónica Chief Executive Officer José María Álvarez-Pallete met today to strengthen the institutional alliance maintained by both organizations and to continue promoting inclusive dig
2021-11-08

Startups and Investors from Latin America and the Caribbean Gathered at IDB Lab Forum

October 28, 2021
The Inter-American Development Bank Group’s flagship event ended after three days of panels on innovative entrepreneurship and its role in the region’s post-pandemic recovery. Innovative entrepreneurship and the role of digital solutions, new technologies, and business models to speed up an inclusive, green, and resilient recovery of the region were the three pillars of the first edition of IDB Lab Forum.
2021-10-28

Closing digital gap could create up to 15 million jobs in Latin America and the Caribbean

June 23, 2021
New IDB report evaluates broadband development in 26 countries in the region Latin America and the Caribbean could dramatically increase employment and kickstart sustainable economic growth if it closed its digital connectivity gap with members of the Organization for Economic Cooperation and Development, according to a new study by the Inter-American Development Bank (IDB). Closing the gap with OECD countries would create over 15 million direct jobs, boost regional economic growth (GDP) by 7.7%, and increase productivity by 6.3%, according to the study.
2021-06-23

IDB and IDB Lab Launch Challenge on Silver Economy in Latin America and the Caribbean

June 16, 2021
The challenge aims to turn aging into an engine of social inclusion and economic recovery. The Inter-American Development Bank (IDB) with its innovation laboratory, IDB Lab, has opened the Silver Economy Innovation for Inclusion Challenge, to find and support innovative solutions that facilitate the growing population of seniors to become an engine of social inclusion and economic recovery in the Latin American and the Caribbean region.
2021-06-16

IDB Lab and Cubo Itaú launch "BID ao Cubo"

May 04, 2021
"BID ao Cubo" is a training and immersion program in the Brazilian market for Latin American and Caribbean startups IDB Lab, the innovation laboratory of the Inter-American Development Bank (IDB), and Cubo Itaú, the Brazilian hub for the promotion of technological entrepreneurship, will select 20 projects from the region to be part of "BID ao Cubo", an initiative that seeks to integrate the startup ecosystem of the continent through an immersion program in the Brazilian market.
2021-05-04

IDB and CITI Innovation Labs achieve cross-border payments over blockchain

April 07, 2021
EThe Inter-American Development Bank and Citi Innovation Labs conclude a successful proof of concept to make cross-border payments from the United States to countries in Latin America and the Caribbean, using blockchain and tokenized money. The LACChain Blockchain Network enabled the transactions and provided full traceability of the transactions, exchange rates, and fees.
2021-04-08

IDB and IDB Invest Gain Board Support on Vision 2025 and Path Toward Capitalization

March 21, 2021
IDB President Mauricio Claver-Carone details “Vision 2025,” as Bank’s agenda focuses on recovery and sustainable growth for region at first Annual Meeting in two years.  Board of Governors approves resolution on recapitalization discussions, supports “Vision 2025.” BARRANQUILLA, Colombia – The Inter-American Development Bank's Board of Governors approved a resolution authorizing the analytic work required to consider a potential capital increase, and overwhelmingly supported the IDB’s “
2021-03-21