1. In which countries will the projects be implemented?
The 12 target countries are Antigua and Barbuda, Bahamas, Barbados, Belize, Dominican Republic, Guyana, Haiti, Jamaica, Saint Kitts and Nevis, Saint Lucia, Suriname, Trinidad and Tobago.
Please note that the GEF financing will only be provided for projects in the following 10 countries: Antigua and Barbuda, Bahamas, Barbados, Belize, Dominican Republic, Guyana, Saint Kitts and Nevis, Saint Lucia, Suriname, Trinidad and Tobago. IDB/IDB Lab will also provide financing for projects in Haiti and Jamaica.
2. What waste streams will be prioritized?
1. Used lubricating oils
2. Used and end-of-life tires
3. Used and end-of-life vehicles
4. Used and end-of-life electronic and electrical equipment (E-waste)
5. Plastic waste that may contain hazardous substances
6. Manufacturing/industrial waste
7. Organic and municipal solid waste
8. Medical waste
9. Hazardous pesticides
3. Where should my organization be registered to participate?
If your organization is located in one of the 12 target countries where the project will be implemented, you may apply to the Challenge (see question 1).
If your organization is located in one of the 48 IDB member countries other than one of the 12 target countries where the project will be implemented, you may apply only in partnership with an organization registered and located in one of the 12 target countries where the project will be implemented. The Caribbean-based organisation should be materially involved in the activities of the proposed project. Project impact must favor one of the 12 target countries.
4. What are the Challenge Awards?
i) Reimbursable and non-reimbursable financing: Grants (from US$300,000 to US$750,000), or Contingent Recovery Grants (US$300,000 to US$750,000) or Loans (US$500,000 to US$2 million). Please refer to the Guidelines for detailed information on the conditions.
ii) Opportunities to participate in IDB regional network events: Applicants whose proposals are selected will also be included among IDB Lab’s network of global innovators working in the region to exchange knowledge, experiences, best practices, and may have opportunities to participate in networking events organized by the IDB Group and its partners.
Selected Applicants will receive IDB Lab/IDB and/or GEF funding once:
(a) The proposed business model has been duly analyzed to obtain evidence of its viability;
(b) The Applicant’s capacity to manage the financial resources and project execution experience has been evaluated; and
(c) A legal written agreement to use IDB Lab/IDB and/or GEF funding and counterpart resources towards the implementation of the selected model/project has been signed by both parties (IDB/IDB Lab and selected Applicant organization cleared through the analysis process).
5. What is a “ready to implement solution”?
A “ready to implement” solution is an innovation that can demonstrate successful deployment of a prototype/Minimum Viable Product (MVP). Applicant must demonstrate viability of execution of the solution or model.
6. Will the IDB Lab/IDB and/or GEF provide funding the complete project if my model/solution is selected?
IDB Lab/IDB and/or GEF will fund approximately 50% of total project budget; therefore, Applicants must be prepared to contribute with the other 50%, we call these resources “counterpart” (IDB Lab 50% + Applicant 50% = 100% Total Project Cost).
This 50% or “counterpart resources” could be half in cash and half in in-kind resources.
Written evidence of counterpart resources to implement the model (similar to a letter of interest or commitment) will be required upon applying.
7. If I have questions related to my submission, who can I contact?
You can e-mail your questions to: BlueTech-Challenge@iadb.org before the final submission deadline (May 31st 2022). This mailbox will be open until the selected proposals are announced (August 2022).
Please note that this mailbox is only for technical issues related to the BlueTech for Waste Challenge.
8. Can I send the application in a language other than English?
This particular Challenge is bilingual, so feel free to send your application in English or in Spanish. Only the eligibility documents (proof of legal registration, by laws, and audit reports) can be submitted in Portuguese, French, English or Spanish.
9. How do I submit my application?
The application must be completed and submitted online (YouNoodle platform) by May 31st, 2022 (midnight, EST), please click here to apply. Please note that you have to create a username and password.
10. Can I include attachments in support of my application?
The following documents must be uploaded:
i) Written evidence of counterpart resources to implement the model (similar to a letter of interest or commitment).
ii) Registration (this must be a legal document establishing the Applicant as registered or authorized by the government to do business. Organizations with temporary authorizations/licenses to operate in the country where the project will be implemented will not be accepted):
- Applicant registered in the target country where the project will be implemented: copy of Applicant´s proof of legal constitution and incorporation under the laws of the target country where the project will be implemented.
- Applicant is registered in one of the 48 IDB member countries other than the target country where the project will be implemented: copy of Applicant’s proof of legal constitution and incorporation under the laws of one of the IDB member countries, plus a copy of a collaboration/joint venture agreement with an Applicant registered in the target country where the project will be implemented.
iii) Copy of the Applicant’s bylaws and other documents on its corporate governance.
iv) Copies of Applicant´s latest annual financial statements for 2019-2021, of which the last one has been audited (or follow the required practice in Applicant’s country).
Documentation can be summitted in Portuguese, French, English or Spanish in PDF format. The IDB shall not be responsible if not able to open uploaded files.
11. Can other organizations support my counterpart financing requirements?
Yes. Applicants can demonstrate resources from a variety of sources including both national and international government agencies, NGOs, foundations and bilateral and multilateral entities.
12. When will I know the outcome of my application?
Pre-selected Applicants (short-list) will be contacted by IDB Lab via e-mail by June 2022. Selected Applicants will be officially notified by IDB Lab via email by August 2022.
13. Will I receive feedback on the content of my proposal after selected applications are selected?
The IDB/IDB Lab does not provide individual feedback or comments on applications received through the Challenge.
14. If my organization has received funding from the IDB or IDB Lab in the past, can I still apply?
Yes, however IDB/IDB Lab does not finance continuation projects, but rather a project idea which is totally new, with different objectives, and new counterpart resources. Also, to apply for funding again, the prior project must demonstrate positive results.
15. What information should I complete when submitting the application online?
Click here to see what information is required but remember to APPLY ONLINE.
16. Where can I have more information on how to prepare my application and access to the recording of the informational session that took place on April 21?
Please click here to access the recording of the information session that took place on April 21.