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IDB Lab

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About IDB Lab

IDB Lab is the innovation and venture capital arm of the Inter-American Development Bank Group, focusing on fostering entrepreneurial innovation and disruptive technologies to benefit populations living in poverty and vulnerability in Latin America and the Caribbean. It provides financing, knowledge, and connections to develop innovative ventures and the ecosystems they need to thrive, supporting equity, loans, and grants. The organization aims to activate new industries for future sustainable growth and co-create solutions through flagship initiatives and collaborations like WeXchange, CIVLAC, and GovTech. Based in the Latin America and Caribbean region, IDB Lab mobilizes public and private resources to accelerate development through technology and inclusive entrepreneurship.

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Key Team Members

Graham Macmillan

CEO

Key Facts

HQ Location

Washington, United States

Founded

1992

Employees

51 - 200

Status

Investor

Investor Type

Corporate Investor

Website

https://bidlab.org