APPLY NOW! DIGITAL SOLUTIONS FOR FINANCIAL INCLUSION BASED ON ARTIFICIAL INTELLIGENCE 2024
Program Description:
CAF – the development bank of Latin America and the Caribbean, is organizing the sixth edition of the Financial Inclusion Laboratory (LIF 2024): Digital Solutions for Financial Inclusion Based on Artificial Intelligence. The aim is to promote the creation and development of technological solutions that leverage the potential of artificial intelligence to improve access, usage, and quality of financial services for populations traditionally underserved or unserved by the traditional financial system, such as low-income individuals, women, youth, the elderly, rural populations, Afro-descendants, Indigenous peoples, people with disabilities, migrants, entrepreneurs, and micro, small, and medium-sized enterprises (MSMEs) in the region, with the goal of enhancing their financial well-being.
⚡️ Program Benefits:
📌 Apply if:
- Early-Stage with Revenue: Proposed solutions must be in the pre-seed or seed stage, with active operations and revenue, showing product/market fit.
- Legally Established in CAF Countries: Participants must be legally constituted in a CAF member country.
- Focus on Financial Inclusion based in AI: Projects should be tech-based, focusing on financial inclusion and education, review the 4 categories of the current LIF call for applications.
4 LIF Categories:
Application Deadlines:
First Stage: September 2 to October 27, 2024, at 11:59 PM (Colombia time).
You will receive a notification to proceed if you are selected for the second evaluation:
Second Stage: November 1 to 15.
- Final Review and Evaluation: November 18 to 29.
- Notification of Pre-Selected Proposals: December 4.
- Pitch Day: December 11.
