Deadline: 10 April 2019
Applications are open for The Bootcamps for Tech Fans Challenge, a low-cost alternative to traditional university education programs aimed at people with no previous experience in coding and IT skills who want to gain these highly demanded skills at an accelerated and intense pace in a short period to make them immediately employable in high-demand jobs in Latin America and the Caribbean (LAC).
The Inter-American Development Bank (IDB), through the Multilateral Investment Fund, is looking for the best proposals to implement innovative Ready-to-Work Bootcamp models that benefit vulnerable or harder-to-reach populations due to geography, poverty or other forms of exclusion, such as youth at-risk of social exclusion, indigenous groups, people with disabilities, women, among others, and have the potential for replication and scaling up.
Categories
Proposals will be chosen in two different categories:
- Mature Bootcamp models: with at least a two-year track record of results in terms of job placement rates, salaries of graduated students and strong ties to industry needs, among others, that are ready to scale and reach thousands of people.
- Incipient Bootcamp models: with a minimum operating track record of one year, and targeting vulnerable or harder-to-reach populations.
Funding Information
Qualifying entities will be considered by IDB Lab to implement a development project to pilot mature or incipient Bootcamp models. The funding requests will not exceed US$1.5 million, and the type of financing (grant, loans or other type of reimbursable financing) will be determined after the selection of the best proposals. Note that the proponent entity should contribute or be able to demonstrate access to funds for the other 50% of the project budget.
Eligibility Criteria
- Entities legally registered in one of the 26 borrowing member countries of the IDB in Latin America and the Caribbean, as well as organizations outside of the Latin American and the Caribbean region that have an implementing partner legally registered in one of the 26 IDB borrowing member countries are invited to participle in the challenge.
- Entities eligible to participate include social enterprises, NGOs, non-profits, academic, educational and training institutions (public and private), and private firms offering Ready-to-Work Bootcamps.
How to Apply
The application must be completed and submitted online via given website.
For more information, please visit https://convocatorias.iadb.org/en/techbootcamp/home