IDB and Microsoft launch

IDB Lab Forum Press Release:

The first edition of IDB Lab Forum will be held from October 26 to 28 with the objective to promote innovation for inclusion in Latin America and the Caribbean.

The Inter-American Development Bank, through its innovation laboratory, IDB Lab, and in collaboration with IDB Invest, launch IDB Lab Forum, a high-level, global event with regional reach that puts innovative entrepreneurship at the center, highlighting how technology, digital solutions and new business models are improving lives in Latin America and the Caribbean. Microsoft has joined as a founding partner of this event, which will include the participation of important players in the innovation ecosystem. IDB Lab Forum will be held from October 26 to 28 and will be free and primarily virtual, although it will have a face-to-face component in Miami on the 26th.

Irene Arias Hofman, CEO of IDB Lab, emphasized that “IDB Lab Forum will play a key role for the region by providing a unique space for mobilizing business, ideas, and connections to develop and scale innovative solutions for an economic recovery that is inclusive, green, and resilient, in line with the Vision 2025 priorities defined by the IDB Group”.

In the words of Mariana Castro, Vice President of Sales, Marketing, and Operations at Microsoft Latin America, “Our collaboration with the Inter-American Development Bank has always been focused on jointly accelerating the growth of Latin American markets through technological solutions. Today we are excited to be a part of the launch of the IDB Lab Forum, an initiative that represents a commitment to SMEs and Digital Native Companies of Latin America and the Caribbean, who accelerate the economy and social recovery of the region with their creation of new businesses and the use of new technologies. It is an innovative initiative that will promote the generation of ideas and strategies to outline a path towards digital maturity in the region.” Among the participants in the forum are founders of innovative ventures, managers of venture capital funds, executives of large companies, including technology companies, representatives of accelerators, universities and global innovation hubs, thematic experts, impact investors, policy makers and officials of public entities dedicated to promoting innovation.

The event will have different interaction points, such as panels, business meeting points, an ecosystem showcase, pitch sessions, and a launch platform for products and initiatives, among others. The agenda is divided into three blocks:

1. “Undertaking and Innovating,” which will include practical content, visibility opportunities, ad networking spaces for entrepreneurs and the innovation ecosystem that supports them.

2. “Businesses that improve lives,” which will include sessions on how new business models are having an impact on inclusion through sectors such as edtech, agtech, fintech, and healthtech, among others.

3. “Impact that scales,” which will provide spaces for global and regional partners that connect innovations at scale.

Registration for the virtual sessions will remain open until the day of the event through the link:

About IDB Lab

IDB Lab is the innovation laboratory of the IDB Group, the main source of financing and knowledge for development, focused on improving lives in Latin America and the Caribbean (LAC). The purpose of IDB Lab is to drive innovation for inclusion in the region, mobilizing financing, knowledge, and connections to co-create solutions capable of transforming the lives of vulnerable populations due to economic, social, or environmental conditions. Since 1993, IDB Lab has approved more than $2 billion in projects developed in 26 LAC countries, including investments in more than 90 venture capital funds.

About Microsoft Microsoft (Nasdaq “MSFT” @microsoft) enables digital transformation for the era of an intelligent cloud and an intelligent edge. Its mission is to empower every person and every organization on the planet to achieve more.