WASHINGTON – IDB Lab, the innovation and venture arm of the IDB Group, announced the approval of a $10 million investment in Cometa IV, a venture capital fund that will invest in early-stage technology companies with high growth potential across Latin America and the Caribbean. Cometa IV expects to...

President Daniel Noboa underscored the country's growing economic dynamism at the opening IDB Lab signed agreements for projects totaling up to $24 million in Colombia, Honduras, and Uruguay to expand credit and strengthen innovation Artificial intelligence took center stage in discussions on...

Latin America and the Caribbean’s innovation ecosystem is increasingly connected to global markets, capital, and networks. For high-potential ventures and investors across the region, strengthening these cross-border connections can open new opportunities for growth, knowledge exchange, and...

By Kusi Hornberger, Chief Strategy Officer at IDB Lab When IDB Lab’s predecessor – the Multilateral Investment Fund (MIF) – made its first venture capital investments in Latin America in the 1990s, the asset class was still nascent, with few local managers, limited track records and scarce exit...

Five selected startups will present their solutions to investors in October during the IDB Group’s Global Entrepreneurship and Technology Forum for Latin America and the Caribbean - GET Forum.  WASHINGTON — IDB Lab, the innovation and venture arm of the Inter-American Development Bank Group (IDB...