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Source of Innovation

Source of Innovation

Source of Innovation is an alliance of the IDB Group with external partners to promote the development and adoption of innovative solutions in the water, sanitation, and solid waste sector to achieve intelligent, inclusive, and sustainable services, focusing on service providers in Latin America and the Caribbean.

Girl drinking water from faucet - Source of Innovation - Inter American Development Bank - IDB

The objective of Source of Innovation is to create the conditions for the development and integration of innovative solutions in the water, sanitation, and solid waste sector to enable quality access to these services, making their benefits available to the entire population in Latin America and the Caribbean.

Specifically, Source of Innovation directly addresses the challenges identified in the regional diagnostics previously conducted by the IDB to understand the barriers and opportunities for innovation in water and sanitation.

Therefore, Source of Innovation focuses on four components:

Graphic Icon - Source of Innovation - Inter American Development Bank - IDB Strengthening the Demand for Innovative Solutions

Empowering service providers with tools, methodologies, and opportunities.

Engine Icon - Source of Innovation - Inter American Development Bank - IDB Enhancing the Sectoral Innovation Supply

Identifying and supporting solutions and products from the private sector and the innovation ecosystem.

Handshake Icon - Source of Innovation - Inter American Development Bank - IDB Promoting Partnerships

Dialogues, and strengthening the regional innovation ecosystem and stakeholders.

Lamp Icon - Source of Innovation - Inter American Development Bank - IDB Fostering a Culture and an Enabling Environment for Innovation

In the water, sanitation, and solid waste sectors, facilitating a cultural shift towards innovation.

source of innovation people on stand talking

Source of Innovation is funded by the FEMSA Foundation, the Coca-Cola Foundation, the Government of Switzerland through its State Secretariat for Economic Affairs (SECO), the Government of Israel through its Ministry of Finance, the Republic of Korea through its Ministry of Environment, and the Government of Spain through the Ministry of Economy, Trade, and Industry (MINECO). The alliance is also complemented by direct contributions from IDB Lab, IDB Invest and the Water and Sanitation Division, and it coordinates directly with Aquafund, a fund created with IDB capital and to which a wide range of public and private sector partners contribute.

This strategic alliance leverages Source of Innovation to provide funding for targeted innovation projects, fostering collaboration between public and private sector partners.

Hands in water - Source of Innovation - Inter American Development Bank - IDB The legacy of innovation activities and products (ie, AquaRating, HydroBID),
Pipelines organized - Source of Innovation - Inter American Development Bank - IDB Lessons learned from previously executed operations to promote and drive sectoral innovation
Water treatment plant - Source of Innovation - Inter American Development Bank - IDB Extensive experience of IDB Lab in developing pilot innovation projects for vulnerable groups in the water, sanitation, and waste management sector
People pointing graphics on a meeting - Source of Innovation - Inter American Development Bank - IDB Innovative private financing instruments such as impact bonds and microfinancing, and
Group of people standing - Source of Innovation - Inter American Development Bank - IDB A dense network of connections involving innovators, startups, entrepreneurs, civil society organizations, among others.
PremioBIDFEMSA - Source of Innovation - Inter American Development Bank - IDB
IDB-FEMSA Award

The IDB-FEMSA Award is one of the most important recognitions in the water and sanitation sector in Latin America and the Caribbean. Organized by the Inter-American Development Bank (IDB), in partnership with Fundación FEMSA, this award promotes innovation and entrepreneurship in search of solutions to challenges in water, sanitation, and solid waste.

The IDB-FEMSA Award supports ideas or ventures in development stages that arise from entrepreneurs and innovators with the ability to think creatively and find solutions for communities.

This contest presents a valuable opportunity to support early-stage projects that can evolve and transform the sector.

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EHackaton  - Source of Innovation - Inter American Development Bank - IDB
E Hackaton

The e-Hackathon on Water and Sanitation of Latin America and the Caribbean emerges as an initiative of the Water and Sanitation Division (INE/WSA) and the Knowledge, Innovation, and Communication Sector (KIC) of the Inter-American Development Bank (IDB). With the technical cooperation of cewas, the water and sanitation entrepreneurship center, and Young Water Solutions, the aim is to motivate young entrepreneurs in the region to generate innovative ideas and solutions to the most urgent challenges in water supply, sanitation, and hygiene in informal settlements.

Different editions were held in 20202022, and 2023.

Group of people with security hat - Source of Innovation - Inter American Development Bank - IDB
Ideas in Action

It is a call for projects by public, private and mixed companies providing water and/or sanitation services with challenges that can be solved through the implementation of innovative projects.

Different editions were held in 20202021 and 2023.

Meeting with and old guy on a table house - Source of Innovation - Inter American Development Bank - IDB Support for the Administration and Management of Source of Innovation: Facility to Promote Innovation in the Water, Sanitation, and Solid Waste Sector in LAC
Group of people standing with a toilet - Source of Innovation - Inter American Development Bank - IDB Preparation of AquaRating Innovation and Digitization Plans in Public Water and Sanitation Utilities
Graphic with recyclable material - Source of Innovation - Inter American Development Bank - IDB Source of Innovation: Digital Capacity Strengthening of the Water and Sanitation Utilities by the Traceability and Data Management Optimization
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Protecting water cover - Source of Innovation - Inter American Development Bank - IDB Protecting Water and Sanitation Infrastructure from Cyberthreats: A Cybersecurity Study for Latin America and the Caribbean
The future of water - Source of Innovation - Inter American Development Bank - IDB The Future of Water: A Collection of Essays on “Disruptive” Technologies that may Transform the Water Sector in the Next 10 Years
Use of 4IR - Source of Innovation - Inter American Development Bank - IDB Use of 4IR Technologies in Water and Sanitation in Latin America and the Caribbean
Innovations in Commercial Finance - Source of Innovation - Inter American Development Bank - IDB Innovations in Commercial Finance for the Water and Sanitation Sector: The Potential of Investment Platforms for Mobilizing Financing for Development at Scale
Innovations you didn't know - Source of Innovation - Inter American Development Bank - IDB Water and Sanitation: Innovations you didn't know where from Latin America and the Caribbean
A New Blue Revolution for Inclusion - Source of Innovation - Inter American Development Bank - IDB A New Blue Revolution for Inclusion, Equality, and Diversity: Innovation for Inclusive Water and Sanitation in Latin America and the Caribbean
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If you have an innovative proposal aligned with the alliance's objective to be implemented in one of the 26 member countries of the IDB Group that:

  1. Provides a solution that presents a clear path to scale and attract more investors interested in joining forces to deploy resources;
  2. Has a model that makes sustainability possible once the project with the IDB Group is completed.

The evaluation of the proposals will include other guiding principles such as the potential impact, knowledge generation, and demonstrative effect, among others.

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Tópicos

Descubra os temas em que estamos trabalhando para melhorar a vida na América Latina e no Caribe.

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Representações por país

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