Non-Profit Organizations and Academia
The IDB Group offers loans, partial credit guarantees as well as technical assistance in the form of grants to non-profit and academic organizations to develop and pilot innovative projects and expand successful initiatives that will improve the living conditions of the low-income population in our 26 borrowing member countries in Latin America and the Caribbean.
The IDB Group also partners with academic institutions to conduct studies and provide technical assistance to small and medium-sized enterprises in the region. It works with non-profit organizations and academic institutions through:
- The Multilateral Investment Fund (MIF), which supports, mostly through technical assistance grants, the development of initiatives that will increase accessto finance, markets and capabilities and basic services for microentrepreneurs and small businesses in Latin America and the Caribbean.
- The Inter-American Investment Corporation, which partners with academic institutions to provide personalized technical assistance for individual companies to improve financial environmental and business management practices through its FINPYME program.
- Opportunities for the Majority Initiative (OMJ), which finances projects to scale up innovative business models and act as an incubator for pilot endeavors that will benefit the base of the socioeconomic pyramid. It finances supports that promote higher quality and lower prices, help build local value chains, and foster co-creation of opportunities for businesses and local entities. OMJ also supports projects to adapt products, services and distribution channels to increase access and enhance product value as well as opportunities to replicate successful experiences.
- Structured and Corporate Finance Department (SCF), which provides grants to non-profit organizations and academic institutions to develop and improve specific technologies and business models that can benefit projects supported by the IDB. SCF also act as a knowledge broker putting together non-profit organizations and academic institutions with its clients. Moreover, SCF and its clients also work with non-profits and academic institutions to carry out environmental monitoring.
Under the operations of its public sector side, the IDB can offer financing under its Better Conditions for Productivity (MAP) program to support innovative activities and leading research on financial and private sector development through regular calls for proposals. Research financed by MAP contributes to areas like SME development, credit and training tools for banks and entrepreneurs, agricultural finance, and regulatory simplification, among others. The work focuses on rigorous impact evaluations and activities that improve the effectiveness of IDB operations.

