Regional Fund for Agricultural Technology (FONTAGRO)

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
Region
Europe and Central Asia
Latin America and the Caribbean
Fund Size

USD 150.7 million mobilized

Co-financing Requirement
Yes
Sectors and Themes
Agriculture
Poverty
Climate Objective
Adaptation
Mitigation
Cross-cutting
Type of Support Provider
Multilateral
Trustee or Administrator
Inter-American Development Bank by mandate of FONTAGRO Board of Directors
Contact Information

FONTAGRO is a unique sustainable co-financing mechanism for the development of agricultural technology in Latin America, the Caribbean, and Spain, and establishes a forum for the discussion of priority issues of technological innovation.

FONTAGRO is an internationally recognized mechanism of cooperation for strengthening sustainable agrifood and agribusiness innovation among member countries.

FONTAGRO is to contribute to the innovation of family farming through cooperation among member countries, while promoting competitiveness and food security based on standards 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
Monitoring and Reporting Procedures

See here

Organizational and Decision Making Structure

FONTAGRO (Regional Fund for Agricultural Technology) is an alliance of 15 countries established to support agricultural innovation in Latin America and the Caribbean, by allocating non-reimbursable funds. 

FONTAGRO’s member countries are Argentina, Bolivia, Chile, Colombia, Costa Rica, Ecuador, Spain, Honduras, Nicaragua, Panama, Paraguay, Peru, Dominican Republic, Uruguay, and Venezuela.

FONTAGRO’s sponsoring institutions are the Inter-American Development Bank (IDB) and the Inter-American Institute for Cooperation on Agriculture (IICA). It also has strategic alliances with other international agencies such as the Food and Agriculture Organization of the United Nations (FAO), CGIAR, the Ministry for Primary Industries and the Global Research Alliance on Agricultural Greenhouse Gases (GRA) of New Zealand.

FONTAGRO's resources, together with other contributions from organizations related to its mission, are used to cofinance, competitively and/or by consensus, original agricultural and agri-food research and innovation activities; which have a positive effect on reducing poverty, increasing productivity, competitiveness, and sustainable management of natural resources.

FONTAGRO expands the base of activities in the region with the support of regional public-private cooperation platforms between countries and organizations, strengthening the synergies in agricultural research and innovation.

The mission, vision, and strategic objectives of allocating FONTAGRO resources, its priority work areas, and investment opportunities at the regional level are set out in the five-year Medium-Term Plan 2

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.