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Fostering the development of a robust supply of deeptech technology providers (startups) in Latin America for the water and sanitation sector
The overall objective of the TC is to promote knowledge on how to foster the development of a robust supply of deeptech startups in Latin America for the water and sanitation sector.
Innovation, through improved business management and efficiency, plays a key role in increasing access and quality to safe water and sanitation for the population in LAC. In particular, the digital technological transformation of systems and processes can result in a reduction in operating expenses of up to 25% for utilities and thus create new economic opportunities for the modernization of sectoral infrastructure. It is expected that 80% and 50% of water utilities in developed and developing countries, respectively, will have implemented a digital transition by 2025 covering three major aspects: (i) infrastructure management and operation of service provision; (ii) customer management; and (iii) personnel management including training.
This potential demand for the digital transformation of the water and sanitation sector is not currently met by a supply of technology providers in the region. Innovative entrepreneurs are not interested in the sector and those who offer technological systems, services and products for the water and sanitation sector require a systematic and costly effort to be able to present solutions to the different actors and decision makers in the sector. The few entities focused on making this connection work concentrate on solutions from outside our region.

Project Detail

Country

Regional

Project Number

RG-T4302

Approval Date

November 14, 2023

Project Status

Implementation

Project Type

Technical Cooperation

Sector

WATER AND SANITATION

Subsector

WATER SUPPLY URBAN

Lending Instrument

Instrumento del Fondo Multilateral de Inversiones

Lending Instrument Code

MIF

Modality

-

Facility Type

-

Environmental Classification

-

Total Cost

USD 300,000.00

Country Counterpart Financing

USD 50,000.00

Original Amount Approved

USD 250,000.00

Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
ATN/FG-20437-RG Non-Sovereign Guaranteed USD - United States Dollar Spanish Framework - General Cooperation Nonreimbursable
Operation Number ATN/FG-20437-RG
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Spanish Framework - General Cooperation
  • Financial Instrument: Nonreimbursable

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Implementation Phase
https://www.iadb.org/document.cfm?id=EZIDB0000751-1338995981-5
Donors Memorandum
RG-T4302 Documento de aprobación de Cooperación Técnica.pdf
Jan. 24, 2024
English
Preparation Phase
https://www.iadb.org/document.cfm?id=EZIDB0000751-1338995981-4
Profile
IDEATE 2023-04-11 Public Summary 1266 RG-T4302.pdf
Apr. 11, 2023
Spanish

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