IDB Lab
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IDB Lab is the innovation laboratory of the Inter-American Development Bank Group. It seeks to empower poor and vulnerable populations and activate new and sustainable engines of inclusive growth in Latin America and the Caribbean (LAC).
To do it, IDB Lab mobilizes financing, knowledge, and connections to test early-stage entrepreneurial solutions and to develop the ecosystems where these can thrive. As a result, IDB Lab drives economic and social inclusion at scale by creating quality jobs, improving the productivity of small companies, and expanding access to essential services, all while addressing the climate crisis as well as gender and diversity gaps.
Since 1993, IDB Lab has approved more than US$ 2 billion in over 2,700 projects deployed across 26 countries in Latin America and the Caribbean.