Nelson Gray delivered a seminar to members of the Multilateral Investment Fund team at the Inter America Development Bank, Washington, USA on 22 Febuary 2010.
The seminar set out lessons learned in Europe, and Especially Scotland on how to develop and grow local early stage investment communities in developing countries. Local investment communities are essential to support growth in knowledge based industries, and in attracting larger venture fund investors from overseas to support latter stage growth.
The Inter-American Development Bank is an international organization established and headquartered in Washington, D.C., United States, in 1959 to support Latin American and Caribbean economic and social development and regional integration by lending mainly to governments and government agencies, including State corporations. The IDB is the largest multilateral source of financing for the Latin America and the Caribbean region.