Original disclosure @ IADB website
Updated in EWS Aug 22, 2022
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The project consists of a capital investment in the "Valor Venture Fund IV" fund, as a strategy to support early-stage technology-based companies in the Region capable of finding innovative solutions to problems that affect high-impact sectors such as such as financial services, health, education, commerce and mobility.
The countries' counterpart amount to USD 245,000,000.
ACCOUNTABILITY MECHANISM OF IADB
The Independent Consultation and Investigation Mechanism (MICI) is the independent complaint mechanism and fact-finding body for people who have been or are likely to be adversely affected by an Inter-American Development Bank (IDB) or Inter-American Investment Corporation (IIC)-funded project. If you submit a complaint to MICI, they may assist you in addressing the problems you raised through a dispute-resolution process with those implementing the project and/or through an investigation to assess whether the IDB or IIC is following its own policies for preventing or mitigating harm to people or the environment. You can submit a complaint by sending an email to MICI@iadb.org. You can learn more about the MICI and how to file a complaint at http://www.iadb.org/en/mici/mici,1752.html (in English) or http://www.iadb.org/es/mici/mici,1752.html (Spanish).