Strengthening of the Presidential Council on Competitiveness, Innovation and Human Talent (IADB-CR-T1136)

Countries
  • Costa Rica
Where the impacts of the investment may be experienced.
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
Sep 16, 2016
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
Consejo Presidencial de Competitividad, Innovación y Talento Humano
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)
$ 0.20 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)
$ 0.28 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 Jun 22, 2017

Disclosed by Bank May 25, 2016


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Project Description
The overall objective is to support the strengthening of the Presidential Council on Competitiveness, Human Talent and Innovation of Costa Rica as an agency for advising, coordinating, monitoring and evaluating public policies on competitiveness and innovation. The specific objectives are: (i) supporting the Technical Secretariat (TS) of the Presidential Council; and (ii) supporting the work of the Working Groups of the Council in order to generate a collaborative and complementary work network between different tables and the TS that make it up, in order to boost Costa Rica's productivity and development.
Investment Description
  • Inter-American Development Bank (IADB)
The development and implementation of the Technical Cooperation program will have a total estimated cost of US $ 275,000, of which up to US $ 200,000 will be financed by the IADB from non-reimbursable funds from the Special Institutional Development Program (SPID) and a sum of US $ 75,000 will be financed in kind and charged to the local counterpart funds. The counterpart funds correspond to the work of two full-time people who will work with the consultants during the two years that the project will last and the accompaniment of the consultant's visits To Costa Rica.
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).