The Cultural Development Program seeks to support small cultural projects that have a social impact in the Bank’s member countries in Latin America and the Caribbean. The program is an extension of the activities of the IDB Cultural Center, which works to enhance the Bank’s leadership role in the countries’ comprehensive development processes, in line with the IDB´s Opportunities for the Majority initiative.

The objectives of the program are to: recognize and stimulate the activities of cultural development centers; promote the restoration and preservation of historical cultural heritage; support the education of cultural facilitators and the development of artistic manifestations such as craft making, visual and plastic arts, music, dance, theater, literature, or any other area of cultural expression that benefits individual and community development; and support their sustainability.

The Cultural Center, in addition to proposing the regulations and guidelines for presenting projects, may evaluate the activities and suggest possible changes in their execution and/or administration, in order to make the best use of the funds.

The IDB Country Offices advertise the program in the local cultural media, identify initiatives worthy of consideration to receive program sponsorship, and as the executing units, supervise the projects, and channel the resources, with the Cultural Center’s approval.

The document can be downloaded at: http://www.iadb.org/exr/cultural/IV/characteristics.cfm?language=English

http://www.iadb.org/exr/cultural/IV/characteristics.cfm?language=English