Eligibility Criteria

The proposed project must engage with and/or benefit "majority markets," or people living at  "the base of the socioeconomic pyramid" (BOP).

There are various definitions of BOP. Among the most common are PPP of under US$360/month (see this document for further analysis in Latin America and the Caribbean), categories C2 and D in several countries' classifications of economic strata, or most simply as the poor and working poor.

Companies should have annual sales of at least US$30 million.

The proposed project must have operations in at least one of the IDB borrowing countries.

IDB's borrowing countries are: Argentina, the Bahamas, Barbados, Belize, Bolivia, Brazil, Chile, Colombia, Costa Rica, the Dominican Republic, Ecuador, El Salvador, Guatemala, Guyana, Haiti, Honduras, Jamaica, Mexico, Nicaragua, Panama, Paraguay, Peru, Suriname, Trinidad and Tobago, Uruguay and Venezuela.

The majority of the business's capital must come from a citizen of or a company registered in one or more of the IDB's member countries.

IDB's member countries are: Argentina, Austria, the Bahamas, Barbados, Belgium, Belize, Bolivia, Brazil, Canada, Chile, the People's Republic of China, Colombia, Costa Rica, Croatia, Denmark, the Dominican Republic, Ecuador, El Salvador, Finland, France, Germany, Guatemala, Guyana, Haiti, Honduras, Italy, Jamaica, Japan, Israel, the Republic of Korea, Mexico, The Netherlands, Nicaragua, Norway, Panama, Paraguay, Peru, Portugal, Slovenia, Spain, Suriname, Sweden, Switzerland, Trinidad and Tobago, the United Kingdom, the United States, Uruguay and Venezuela.

Companies should be generally compliant with IDB financing guidelines for sustainability, observance of legal guidelines, and corporate responsibility.