MIF Helps Introduce Technology, Innovation to Uruguay's Key Sectors

Children use a laptop to connect to wireless Internet in Uruguay. The Multilateral Investment Fund is financing projects aimed at bringing innovation and technology to traditional sectors in Uruguay and Ecuador. Photo by: Libertinus Yomango / CC BY-SA Libertinus YomangoCC BY-SA

In Uruguay, the Multilateral Investment Fund of the Inter-American Development Bank Group is financing a portfolio of projects that aims to bring innovation and technology to traditional sectors such as agriculture, health, education and banking.

Among MIF’s technology-related projects in Ecuador is the creation of a network of technology-based service providers that will be engaged in developing digital education content and render technical support to communities participating in a one-laptop-per-child initiative. The fund is also supporting a long-distance training project that aims to help farmers increase their use of information technology tools.

In the health care sector, MIF is funding a project that seeks to better connect small and medium-sized health care providers through an integrated system of electronic medical records.

Another key technology-related project supported by MIF is the creation of an Internet-based platform designed to improve the access of small and medium-sized enterprises to nonbank financial services. Some 900 local SMEs are expected to benefit in the pilot state of the project.

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  • Ivy Mungcal

    As former senior staff writer, Ivy Mungcal contributed to several Devex publications. Her focus is on breaking news, and in particular on global aid reform and trends in the United States, Europe, the Caribbean, and the Americas. Before joining Devex in 2009, Ivy produced specialized content for U.S. and U.K.-based business websites.