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Unleashing the Potential of Diaspora Direct Investment in Central America

Through a Regional Marketplace for Diaspora Direct Investment (¿the Marketplace¿), migrant businessmen and women interested in investing in their country of origin, or starting a new business there or multi-nationally, can present their ideas and connect with other investors and stakeholders, both public and private. The Marketplace will function as a platform to: (i) create a community of registered regional and Diaspora businessmen and women; (ii) collect a variety of potential business and investment ideas and initiatives presented by the Diaspora and to the Diaspora; (iii) give visibility to these initiatives both at a regional and global level and facilitate matchmaking of business partners and investors in public initiatives; (iv) provide an efficient and market-based platform for government and non-governmental institutions to provide incentives to participate, such as matching grants through a competitive process; (iv) be scalable and continue functioning in the long term, through regional agreement on a sustainable governance and funding structure; and (v) enable quantification of the successful connections between entrepreneurs and their partners in business and government, and evaluation of the barriers to Diaspora collaboration and investment.

Project Detail

Country

Regional

Project Number

RG-T2217

Approval Date

November 27, 2012

Project Status

Closed

Project Type

Technical Cooperation

Sector

FINANCIAL MARKETS

Subsector

CAPITAL MARKET DEVELOPMENT

Lending Instrument

-

Lending Instrument Code

-

Modality

-

Facility Type

-

Environmental and Social Impact Category (ESIC)

Category C: Likely to cause minimal or no negative environmental and associated social impacts

Total Cost

USD 1,070,000.00

Country Counterpart Financing

USD 320,000.00

Original Amount Approved

USD 750,000.00

Can’t find a document? Request information

Implementation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-614726024-11
Approved TC document
Unleashing the Potential of Diaspora Direct Investment in Central America [37392348].PDF
Feb. 14, 2013
English

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