BID Lab and Cubo ESG launch bioeconomy training – Jornal Pequeno

BID Lab and Cubo ESG launch bioeconomy training – Jornal Pequeno

A training program fully focused on the bioeconomy. The Amazon, the largest tropical forest on the planet, and the Caatinga, only native to Brazil, inspired a new collaboration between the Inter-American Development Bank’s Innovation Lab (BID Lab) and the most important hub for developing technological entrepreneurship in the Americas. South, Cubo Itaú, through its new ESG hub. The goal of “BID ao Cubo – Bioeconomia” is to start in the initial phase of operation.

IDB ao Cubo – Bioeconomia will select only 15 projects from the North-North-East regions for the training program, with priority given to those dedicated to decarbonisation, net zero, agroforestry and solutions for social and environmental change.

In two months, those selected will have the opportunity to connect with the Cubo network and BID Lab, and find a network of sponsors, entrepreneurs, partners and investors in a promising world for raising funds, closing deals and, above all, expand markets.

Within the five immersion modules, workshops and advice and useful statistics in the ecosystem will be available to participants, who together with the exchange of experiences can help beginners to expand their network. A face-to-face meeting is also planned in Manaus the week following the training phase with practical experience and meetings with business and sustainability experts.

“We have reaped great results from these initiatives that bring us closer to talent from the North and North East, so much so that several selected in different editions of this program are now members of our community. This edition focused on the bioeconomy dialogue directly to the Center our new ESG, together with Itaú, which is looking for solutions aimed at NetZero. We look forward to many connections to make these technological entrepreneurs the main players, and thus lead to business productivity,” says Paulo Costa, CEO of Cubo Itaú.

Paulo Costa (Photo: Cube/Disclosure)

Morgan Doyle, IDB representative in Brazil, highlights the importance of the North and Northeast regions to the Bank’s work. “We are delighted to increase this exchange between BID Lab and Cubo. There are very promising solutions in the North and North East for sustainability and climate resilience, including as a shortcut to economic growth and social inclusion – understanding which we also explain in our agenda to support economic recovery, Vision 2025”, he says. “We are sure that everyone will benefit from the growth of models based on the bioeconomy”, he concluded.

Morgan Doyle, IDB representative in Brazil (Photo: IDB/Disclosure)


Interested startups must provide at least one expert for 5 hours per week during the five weeks of program training. The following week, face-to-face meetings are held over 3 days. And the closure of the program is held in two meetings – spread over a period of 15 days for follow-up. Enrollment will take place between 29/08 and 25/09, in

The announcement of those selected will be made on October 7 and training will begin the week of October 10. The program will have its face-to-face meeting in Manaus on November 16, 17 and 18.

About Itaú Cube

Launched in September 2015 by Itaú Unibanco in collaboration with Redpoint events, Cubo Itaú is the most important hub for promoting technological entrepreneurship in Latin America, a non-profit organization that strengthens relationships and business creation between large companies and startups.

Cubo Itaú is headquartered in the Vila Olímpia region of São Paulo and, through its physical and digital platforms, has contributed to the growth of more than 300 coordinated startups that are part of its portfolio and reflect more than 20 market segments. , thus reflecting female entrepreneurs from all over Brazil and from different regions of the world.

Cubo also supports the digital and cultural transformation of organizations and has sponsors representing the largest industries in the economy, such as Itaú Unibanco, Dasa, Corteva, São Martinho, Itaú BBA, CNH Industrial, Suzano, ConectCar, iCarros, Bike Itaú, vec. Itaú , Wilson Sons, Porto do Açu, Hidrovias do Brasil, Radix, Saint-Gobain, TIM, Stellantis, Jaguar Land Rover, Prudential, NTT Data Brasil, Wayra Brasil and BID Lab. In addition to strategic partners such as Accenture Digital, Liga Ventures, Anjos do Brasil, Abstartups, Favela Holding, Forge 3D, among others. More information can be found at:

About IDB Lab

IDB Labs is the innovation lab of the Central American Development Bank Group, a leading source of development, financing and skills to improve lives in Latin America and the Caribbean. The purpose of the IDB Lab is to advance innovation for inclusion in the region, mobilizing funding, skills and connections to create life-changing solutions for vulnerable people affected by economic, social or environmental factors. Since 1993, the IDB Laboratory has approved more than 2 billion US dollars in projects implemented in 26 LAC countries.

About IDB

The Central American Development Bank is committed to improving lives. Established in 1959, the IDB is one of the main sources of long-term financing for economic, social and institutional development in Latin America and the Caribbean. The IDB also conducts high-quality research and provides policy advice, technical assistance and training to public and private sector clients across the region.

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