Frequently Asked Questions

Only one KTC will be assigned per innovation project. This means that up to 4 innovations will be selected from the call for expressions of interest.

If your organization wishes to request multiple KTCs, please submit different innovation project proposals.

The availability of staff that can interact fluently in English and guide activities related to corresponding innovation projects will be a condition for receiving the KTC. Additionally, selected host agencies and/or companies will be requested to sign a collaboration agreement with the Bank.

The submission of Expressions of Interest will be open until March 28, 2025. The Bank will internally review the proposals, reach out to applicants for any follow-up questions, and announce the selections in April. The Bank will start recruiting candidates who meet the required profiles, with an expected deployment date in July 2025.

You can download both documents under Additional Information.

We are accepting proposals until March 28, 2025. Please complete your EOI form and submit it to [email protected].

Yes, it is possible. The program invites both public and private sector to submit proposals for receiving technical support for the development of innovation projects.

They can be both ongoing or a new project.

We kindly remind you that the Korean consultant will be have strong technical background, with skills in the areas of ICT, data science and other relevant areas. Thus, it is important that the stage of the project – whether ongoing or new – considers maximizing this resource in the proposal.

Yes, it is possible. The proposal must specify the institutional arrangement and which entity will serve as the principal beneficiary and responsible for the signature of the agreement.

Yes, it is possible, as long as the nominated candidate meets the eligibility criteria.

The University will evaluate candidates based on its admission and eligibility criteria. The final selection is decided in conjunction with the Bank and will consider gender and cross-country balance, provided that the established eligibility and academic criteria are met. Please note that this is an invitation-only process, where only invited entities may nominate candidates for consideration under the program. Only candidates for whom nominations have been received from their entities will be considered in the final selection. If the entity wishes to express that there is a maximum number of beneficiaries per entity, it may do so in the nomination communication.

It is possible that there may be cases where there is more than one student per country or institution. Each student will receive individual scholarships. The program offers 26 scholarships in total and the call is open to all 26 countries in the Latin American and Caribbean region. The selection of beneficiaries will consider the fulfillment of the university’s admission requirements and the individual merits of each student. Likewise, a gender and inter-country balance will be considered, as long as the established eligibility and academic criteria are met.

There is no application fee, as all applicants for the Program are exempt from application fees and the Verification of Deposit (VOD). Please refer to the step-by-step application guide under ‘Additional Information’ tab to download the templates and upload them on your application to the University.

The applicant is responsible for the costs associated with document preparation, such as obtaining the notarization/apostille for the transcripts and diploma, English tests and mailing fees to send the physical copies to the University. For these expenses, the applicant will bear the costs and the Bank will not make reimbursements.

Yes, it is possible, as long as the nominated candidate meets the eligibility criteria.

The application deadline for candidates is May 30, 2025. This date is for the applicant to deliver the documents to the University, both in the application system and the delivery of the physical documents. The deadline of May 30 2025 is for the entity to share with the Bank ([email protected]) a communication identifying the candidates officially nominated by the organization. Only candidates for whom nominations have been received from the invited entities will be considered in the final selection. If the entity wishes to express that there is a maximum number of beneficiaries per entity, it may do so in the nomination communication.

Yes, it is possible. Please note that the scholarship benefits only covers the selected candidate himself/herself, and any costs associated with the partner will not be covered by the scholarship. Also, note that the dormitory facilities on campus is not designed to accommodate families, so you will need to find a separate accommodation. The University will facilitate the house search.

No, the Program will not pay for the costs associated for the English certification exam.