Impact Enhancement Program (IEP)

The general objective of the IEP is to maximize the social, environmental, and economic impact of IDB Lab's investments in LAC. By addressing critical gaps in capacity and resources, the IEP will provide targeted support to IDB Lab clients (early-stage companies and VC funds), focusing on five strategic pillars: Climate and Nature, Gender Equality, Diversity, Poverty and Vulnerability; and (v) Digitalization and responsible use of technology.

Project Detail

Country

Regional

Project Number

RG-O1732

Approval Date

February 26, 2025

Project Status

Implementation

Project Type

Container

Sector

SOCIAL INVESTMENT

Subsector

HUMAN RESOURCES & WORKFORCE DEVELOPMENT

Lending Instrument

Lending Instrument Code

Modality

MIF Program (MIFP)

Facility Type

Environmental and Social Impact Category (ESIC)

Total Cost

USD 2,370,000.00

Country Counterpart Financing

USD 1,420,000.00

Original Amount Approved

USD 950,000.00