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GRIDX III: Leveraging Biotech to Accelerate Productivity, Resilience, Social Impact, and Economic Growth

To support the creation, growth, and scaling of innovative early-stage biotech startups emerging from scientific research environments in LAC, while fostering innovation and facilitating their cross-border expansion.

Project Detail

Country

Regional

Project Number

RG-Q0159

Approval Date

June 22, 2026

Project Status

Implementation

Project Type

Equity

Sector

OTHER

Subsector

OTHER

Lending Instrument

Multilateral Investment Fund Instrument

Lending Instrument Code

MIF

Modality

-

Facility Type

-

Environmental and Social Impact Category (ESIC)

-

Total Cost

USD 48,000,000.00

Country Counterpart Financing

USD 45,000,000.00

Original Amount Approved

USD 3,000,000.00

Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
EQU/MS-22472-RG Non-Sovereign Guaranteed USD - United States Dollar MIF-Small Enterprise Investment Fund
Operation Number EQU/MS-22472-RG
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: MIF-Small Enterprise Investment Fund
  • Financial Instrument:

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Other Documents
https://www.iadb.org/document.cfm?id=EZIDB001338-1229543874-5
Donors Memorandum and Executive Summary of Donors Memorandum
RG-Q0159 Project Summary- Approved Document.pdf
Jul. 13, 2026
English
Implementation Phase
https://www.iadb.org/document.cfm?id=EZIDB001338-1229543874-6
Donors Memorandum
RG-Q0159 Resumen del proyecto- Documento de aprobacion.pdf
Jul. 13, 2026
Spanish
Preparation Phase
https://www.iadb.org/document.cfm?id=EZIDB001338-1408738381-8
Environmental and Social Review Summary
GridXIII_Environmental and Social Review Summary (ESRS).pdf
Apr. 15, 2026
English
https://www.iadb.org/document.cfm?id=EZIDB001338-1229543874-3
Profile
IDEATE 2026-03-24 Public Summary 1890 RG-Q0159.pdf
Mar. 24, 2026
English

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