Regional Fund for Agricultural Technology (FONTAGRO)

Climate Objective
Adaptation
Mitigation
Cross-cutting
Sectors and Themes
Agriculture
Poverty
Type of Support Provider
Multilateral
Type of Recipient
Public entity at the national level
Public entity at the sub-national level
Public entity at the regional level
International organization
Private sector
Fund Size

USD 124.4 million mobilized

Co-financing Requirement
Yes
Trustee or Administrator
Inter-American Development Bank by mandate of FONTAGRO Board of Directors
Contact Information
Region
Europe and Central Asia
Latin America and the Caribbean

Regional Fund for Agriculture Technology (FONTAGRO) is a unique cooperation mechanism among Latin America and Caribbean countries and Spain that promotes innovation in family farming, competitiveness, and food security. Established in 1998, FONTAGRO has 15 member countries, which have contributed with a capital that has reached USD 100 Million. The funds sponsors include: The Inter-American Development Bank (IDB), which provides legal, administrative, and technical support; and the Inter-American Institute for Cooperation on Agriculture (IICA), which provides technical and strategic support. FONTAGRO's 2015-2020 medium-term plan priorities include research and innovation through support for projects and initiatives. Main strategic themes are: technological, organizational, and institutional innovation; adaptation to and mitigation of climate change; sustainable intensification of agriculture and natural resource management; competitive territories and value chains within a framework of equity and sustainability.

Support Provider

Inter-American Development Bank (IADB), the Inter-American Institute for Cooperation on Agriculture (IICA), and 15 countries (i.e. Argentina, Bolivia, Chile, Colombia, Costa Rica, Dominican Republic, Ecuador, Honduras, Nicaragua, Panama, Paraguay, Peru, Spain, Uruguay, Venezuela).

Purpose of Support
Project and program implementation
Co-financing Requirement Details

Co-financing requirements vary depending on the project.

Funding Type
Grants
In-kind contributions
Organizational and Decision Making Structure

FONTAGRO is an alliance of 15 countries whose governance operates through a Board of Directors and a Technical-Administrative Secretariat led by an Executive Secretariat.

FONTAGRO has a President and a Vice President, elected annually from among the members of the CD, and together with the Executive Secretariat, they make up the Executive Committee.

The Board of Directors is the FONTAGRO’s highest governing body. All member countries will have a seat in the Board of Directors by means of an appointed representative and an alternate representative, both duly accredited by the relevant national authorities. The representatives have proven experience in research and technological innovation in the sector.

The Board of Directors has a President and a Vice President, elected by the member countries by consensus or by voting, if necessary. Their term of office is one year, and it is renewable for an additional period.

The Secretariat is the technical support and administrative body. It is directed by the Executive Director, who is appointed by the Board of Directors, and elected through an international open competition for a three-year renewable term.

Eligibility Criteria
See here.
Eligible Countries

Must be a FONTAGRO member country.

Information on how to

Access funds during the call for proposals by reviewing the call for proposal page here. More information on project procurement through the Inter-American Development Bank can be found here.