IDB calls for innovative community-based projects

The Inter-American Development Bank (IDB) has issued a call for proposals from Guyanese civil society and non-government organizations to fund innovative community based projects, starting from US$300,000 to a maximum of US$750,000.

“Project proposals should (focus) on highly innovative solutions that will solve community problems and support community-based development,” the bank said in a statement, while noting that organisations will have the opportunity to pitch and present “their most innovative solutions” to the IDB, and the winners will get the IDB´s support to incubate, develop or scale up those solutions.

According to the statement, this year’s call for proposals places emphasis on the “IDB Strategy for Social Innovation” in the two categories: Financing Productive Development of Microenterprises and Strengthening Prevention Against Community Violence. “Project solutions must focus on innovative approaches that will (target) poverty reduction and social development activities that