Focus Areas of IDB Challenge

• Poor access to financing and quality housing solutions;
• Inadequate access to basic services;
• The socio-spatial disconnection of informal neighbourhoods from formal ones;
• Limited or no access to information and communication technologies;
• Vulnerability and resilience to climate change and natural disasters; and
• Also, Limited formal employment opportunities

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What will happen in the IDB challenge?

Six semi-finalist teams will participate in a mentoring process to improve the definition of the challenge. Then, the semi-finalist will pitch this through a presentation on pitch day.

From these, three teams will be selected to receive technical assistance from the IDB, up to $35,000. The grant will help to work on an iterative process of experimentation consisting of the co-design, implementation, as well as evaluation of a prototype or pilot project that will contribute to solving the posed challenge.

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Eligibility

• Cities from the IDB’s 26 borrowing member countries in Latin America as well as the Caribbean are eligible to participate.
• Urban innovation laboratories, universities, innovation agencies as well as civil society groups associated with one or more city governments.
• Also, entities that promote urban innovation as part of or in partnership with city governments are highly preferable.