Inclu-Tec: Inclusive Employment in Knowledge-based Businesses (IADB-AR-T1178)

Countries
  • Argentina
Where the impacts of the investment may be experienced.
Specific Location
Buenos Aires
Whenever identified, the area within countries where the impacts of the investment may be experienced. Exact locations of projects may not be identified fully or at all in project documents. Please review updated project documents and community-led assessments.
Financial Institutions
  • Inter-American Development Bank (IADB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Approved
Bank Risk Rating
C
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
May 18, 2017
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower
Government of Argentina
The holder of the loan, grant, or other investment.
Sectors
  • Technical Cooperation
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Grant
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 0.74 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Grant Amount (USD)
$ 0.74 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 2.40 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Primary Source

Original disclosure @ IADB website

Updated in EWS Oct 27, 2017


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Project Description
This project seeks to strengthen the employability of two main groups: vulnerable youth and women, who today do not believe employment opportunities exist form them in the knowledge economy. The project will be executed in four areas of Argentina, including Buenos Aires, Greater Buenos Aires, and two other zones of technological development in the interior of the country (to be determined). Zones with IT businesses will be prioritized. This model will work with the private sector to increase job employment opportunities for socioeconomically vulnerable youth and women. Innovative methods for strengthening the competencies demanded by the labor market (English and life skills) will be utilized, complemented by public training. Youth will be accompanied during the life of training by mentors from businesses from the corresponding sector. The proposed model will also include career counseling and job placement.
Investment Description
  • Inter-American Development Bank (IADB)
Contact Information
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).