FRIDA Fund Announces New Funding for ICT Projects in LAC

February 24, 2014

FRIDA Fund Announces New Funding for  ICT Projects in LAC

Last year, the Regional Fund for Digital Innovation in Latin America and the Caribbean (FRIDA) provided, for the first time, a new form of financial support for ICT related projects submitted to the Awards+ program.

These additional funds were aimed at upscaling projects that were already underway but had generated new activities or were looking to replicate their success within different regional contexts.

Lara Robledo, Institutional Cooperation Officer at LACNIC, announced that, in order to have access to this new form of funding, a project must be the result of a partnership between different organizations, one of which must have already received FRIDA funding during prior editions of the program.

 

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Why did the FRIDA program decide to finance project scale-ups?

FRIDA has been providing financial support in the form of small grants of approximately USD 15,000 since 2004. In 2010 we implemented the FRIDA Awards in order to recognize outstanding initiatives throughout the region. This made us realize the importance of continuing to support successful organizations beyond the initial awards and research grants. Recognition is important; supporting a project’s continuity, however, is even more important.

How are these projects selected?

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