The Inter-American Development Bank (IDB) recently launched the Pivot Movement to harness the most innovative ideas for Caribbean development and create a plan for the future of the region. According to the Bank, the Movement includes a crowdsourcing contest and an event.

Pivot Search is the crowdsourcing platform to receive new development ideas. Three ideas will be selected for the prize and will also secure a place at The Pivot Event. The ideas in the areas of electromobility, digital transformation, and re-imaging tourism can be submitted here: It runs until September 18, with a US$5000 cash prize for each of the three winners.

Along with partners Caribbean Climate-Smart Accelerator (CCSA), Singularity University and Destination Experience, IDB will also host The Pivot Event, a virtual conference, between October 15 and 30, 2020.

General Manager of the IDB’s Country Department Caribbean Group (CCB), Therese Turner-Jones said, “The Pivot Movement is a vehicle for Caribbean transformation driven by ideas. It gives anyone anywhere the opportunity to help shape the future of our region. We are creating an innovative space where pioneering minds will discuss moonshot ideas to drive a more resilient and secure future for all Caribbean people.”

In an invited comment, Racquel Moses, CEO of Caribbean Climate-Smart Accelerator (CCSA) said “In the Caribbean, we battle with the disastrous impacts of climate change. Innovation is urgently needed to build our resilience to these impacts and the CCSA is delighted to be a partner in this movement. We are excited by the application of innovation to combat long-standing challenges.”

Individuals can request an invitation to the Pivot Event and get further details about how to submit ideas for The Pivot Search via the website .

About the IDB

The Inter-American Development Bank is devoted to improving lives. Established in 1959, the IDB is a leading source of long-term financing for economic, social and institutional development in Latin America and the Caribbean. The IDB also conducts cutting-edge research and provides policy advice, technical assistance and training to public and private sector clients throughout the region.


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