Finalists from WeXchange’s Call for Proposals Pitch their Companies to Investors

May 16, 2022
IDB Lab’s WeXchange platform focuses on the growth of female STEM entrepreneurs in Latin America and the Caribbean
2022-05-18

IDB Lab Invests in a Technology Startup to Incentivize a World With Zero Waste

March 09, 2022
IDB Lab, the innovation laboratory of the Inter-American Development Bank, has invested $1 million in Sugo Company, a climate technology startup from Peru that offers innovative solutions to generate tangible value in waste. This support will allow the company to expand to all cities throughout Peru and at a regional level in Colombia, Mexico, and Chile and promote the circulate economy. 
2022-03-09

IDB Lab Invests in Colombian Startup to Teach English to Manual Workers

January 11, 2022
The initiative seeks better job opportunities for vulnerable populations IDB Lab, the innovation laboratory of the Inter-American Development Bank (IDB), will provide financial support to Slang, the Colombian educational technology startup that is based on machine learning and artificial intelligence, to teach English to manual workers. This investment, worth $1 million, will support students entering the labor market, provide job training, and present opportunities for youth, blue-collar workers, and the unemployed populations of Latin America and the Caribbean.
2022-01-11

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

IDB Lab and Google Announce the First Batch of the LAC Women Founders Accelerator Program

October 06, 2021
The program’s Demo Day will take place during the IX WeXchange Forum, to be held virtually on December 1-2 WeXchange, the IDB Lab platform that connects women entrepreneurs in STEM from Latin America and the Caribbean (LAC) with mentors and investors, and Google, have announced the 20 women-led startups selected to participate in the first edition of the LAC Women Founders Accelerator program.
2021-10-06

The IDB, IDB Lab and Beat join to improve the financial status of drivers

September 28, 2021
The Inter-American Development Bank (IDB), IDB Lab, and Beat, Latin America’s fastest growing ride-hailing app, announce today their official partnership in order  to promote and facilitate access to voluntary saving mechanisms for independent workers across four countries in Latin America.
2021-09-28

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 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