Blog IICA

Innovation in Ag Tech and Digital Agriculture

Start Date: 22/09/2022
End Date: 21/08/2026

Description

The objective of this project is to catalyze the capacity of Ag Tech solutions for improving small farmers' productivity, access to finance and markets, and climate resilience. The project will use a tiered approach to identify promising Ag Tech solutions for small farmers and provide them with investment financing, capacity-building support, and technical assistance. The target countries for the implementation of this project are Peru, Bolivia, Paraguay, Colombia, Honduras, and El Salvador, for their similarities in the Ag Tech ecosystem and their large number of small farmers productivity, access to finance and markets, and climate resilience. The project will use a tiered approach to identify promising Ag Tech solutions for small farmers and provide them with investment financing, capacity-building support, and technical assistance. The target countries for the implementation of this project are Peru, Bolivia, Paraguay, Colombia, Honduras, and El Salvador, for their similarities in the Ag Tech ecosystem and their large number of small farmers.

Iniciative Type

Technical cooperation

Action scope

Multicountry

Evaluated

No

Stage

Implementation- Ongoing

Temporalidad

Short-term

Number of Years

4 - Year -s

Related elements

Budget in USD

Budget in USD
$1,400,000.00
Counterpart Budget
$1,770,000.00
Total Budget
$3,170,000.00
Annual Average Budget
$1,585,000.00
Financing Sources Financing Types
IDB Invest Multilateral banking

Institutions

Institutions Institutions rols
BID: Banco Interamericano de Desarrollo Financing-investor
Incofin Investment Management Execution and operation

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