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Overview
| Donor: | Margaret McNamara Education Grants (MMEG) |
| Application procedure: | Online Application |
| Donor base: | United States |
| Reference number: | - |
| Eligible applicants: | Social Business |
| Deadline: | 30.09.2026 |
Financial details
| Grant size: | Large - more than $1,000,000 |
| Minimum grant size: | - |
| Total available budget: | - |
| Funding type: | Other |
| Maximum grant size: | - |
| Funding ratio: | up to 100% |
Sectors
- Climate Change
- Economic Development
- Health
- Research, Technology & Innovation
Project Locations
America
Antigua and Barbuda, Argentina, Bahamas, Barbados, Belize, Bolivia, Brazil, Chile, Colombia, Costa Rica, Cuba, Dominica, Dominican Republic, Ecuador, El Salvador, French Guiana, Grenada, Guatemala, Guyana, Haiti, Honduras, Jamaica, Mexico, Nicaragua, Panama, Paraguay, Peru, Saint Kitts and Nevis, Saint Lucia, Saint Vincent and the Grenadines, Suriname, Trinidad and Tobago, Uruguay, Venezuela
Description
1) Objective
The Inter-American Development Bank (IDB) Lab has launched a Call for Proposals for venture capital funds that bridge early-stage financing gaps and promote social inclusion in Latin America and the Caribbean.
Through investments in venture capital funds, IDB Lab aims to tackle critical barriers to development impact and social inclusion, with a special focus on poor and vulnerable populations across the region. The call seeks to bridge key financing gaps in countries, sectors, and business models where early-stage entrepreneurs face unmet investment demand. High-impact sectors with structural capital gaps including Health/Biotech, Edtech/Workertech, Agtech/Foodtech, and Climate Tech are eligible.
2) Eligibility
Investment management firms interested in being considered for IDB Lab’s investment should apply through the online form and submit the firm’s investment deck. The selection process is highly competitive, and a committee of professionals from IDB Lab will review each proposal.
3) Location
Actions must take place in Latin America.
4) Budget
The call is open to early-stage investment funds from pre-seed to Series B investments. Funds with a minimum size of USD 20 million are eligible, while funds under the “Nascent and Emerging Ecosystems” investment approach require a minimum fund size of USD 10 million.
5) Application
Proposals will be accepted on a rolling basis throughout the year. To be considered for potential investment in 2027, proposals must be submitted by September 30, 2026.