The general objective of this TC is to strengthen the Inter-American Development Bank's ability to connect private sector companies in Latin America and the Caribbean with knowledge, business networks, and international market opportunities through the ConnectAmericas platform. It also aims to generate actionable private sector data and insights that enable the IDB to design more effective programs and engagement strategies across the region. To accomplish this, the TC has three specific objectives: (i) Enhance the ability of private sector companies in LAC to identify relevant knowledge resources, training opportunities, and potential business partners through personalized digital guidance on the ConnectAmericas platform using GenAI. This objective focuses on improving how companies navigate the platform and access relevant opportunities based on their needs, characteristics, and interests by deploying and testing AI-powered tools; (ii) generate evidence on how artificial intelligence–enabled digital tools influence the way companies search for information, discover opportunities, and build business connections through digital platforms. This objective seeks to understand the effectiveness of AI-driven features in reducing information barriers, facilitating opportunity discovery, and strengthening networking and matchmaking outcomes for firms; (iii) strengthen the IDB's capacity to leverage private sector data and digital behavioral insights to design more effective programs and engagement strategies. This objective focuses on improving the Bank's ability to organize, analyze, and use integrated firm-level and CA's platform-generated data to better understand company needs, support decision-making, and identify opportunities for private sector engagement across the region.
Project Detail
Country
Regional
Project Number
RG-T5047
Approval Date
August 20, 2026
Project Status
Implementation
Project Type
Technical Cooperation
Sector
PRIVATE FIRMS AND SME DEVELOPMENT
Subsector
SMALL AND MEDIUM ENTERPRISE
Lending Instrument
-
Lending Instrument Code
-
Modality
-
Facility Type
-
Environmental and Social Impact Category (ESIC)
-
Total Cost
USD 642,500.00
Country Counterpart Financing
-
Original Amount Approved
USD 642,500.00