IDB Offices in Latin America and the Caribbean will receive applications for financing
The Cultural Center of the Inter-American Development Bank (IDB) has launched a call for proposals from arts and cultural institutions to fund small-scale cultural development projects in Latin America and the Caribbean through its grants program.Applications must be submitted before January 31, 2012 to the IDB offices in 26 countriesin Latin America and the Caribbean. For information on the call-for-proposals, visit 2012 IDB Cultural Development Grant Program.
The Cultural Development Grant Program was created in 1994 to promote development of projects that promote local knowledge, tradition, revive cultural heritage and value, support artistic excellence and contribute toward community development through economic and social activities in innovative and sustainable ways.
The projects are evaluated for their viability, educational scope, effective use of resources, ability to mobilize additional financial resources, and the long-term impact on the community.
The IDB may approve US$3,000 up to US$7,000 per project. Local organizations are responsible for providing the remainder of the resources and supporting the project on a continuing basis.
In 2011 24 community-based institutions from 23 countries were selected to receive grants under the program.“Through the Cultural Development Program, the Cultural Center has invested in projects that have yielded immeasurable positive returns in Latin America and the Caribbean. We hope to continue building partnerships with established arts and cultural institutions dedicated to training educators, students and their families and communities to achieve social well-being,” says Elba Agusti, Program Coordinator.
