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 Classification

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
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
ATN/OC-13524-RG Sovereign Guaranteed USD - United States Dollar Ordinary Capital Nonreimbursable
Operation Number ATN/OC-13524-RG
  • Lending Type: Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Ordinary Capital
  • Financial Instrument: Nonreimbursable

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

Have an Environmental or Social issue related to IDB projects? File a Complaint