The objective of the project is to reduce the financing gap faced by early stage tech-based companies in Chile through the investment in the Vulcano Fund. The investment focus of the Fund will be on startups that solve, through the innovative use of digital technologies (artificial intelligence, augmented / virtual reality, blockchain, among others) real problems present in Chile and Latin America, mainly in the areas of education ( EdTech), access to finance (FinTech), agriculture (AgTech), health (HealthTech), Smart Cities and environmental solutions (GreenTech).
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).