Original disclosure @ IADB website
Updated in EWS Sep 20, 2022
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The objective of the project is to offer entrepreneurs smart capital at various stages, bringing experience and resilience that leads to exceptional results in four key areas: 1) strong relationships with entrepreneurs, investors, and key referral networks, mobilizing global VC funds into the region to lead subsequent rounds of its portfolio companies; 2) a refined process for sourcing, evaluation, and investment closing across Latin America; 3) deep expertise in helping companies navigate the Latin American market; and 4) an earned reputation as the region's premier partner for entrepreneurs, investors, and LPs.
The countries' counterpart amount to USD 397,000,000.
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).