Name of the event: Outsource2LAC Virtual Week 20202 (O2LAC Virtual 2020)
Format: Web seminars (webinars) and one-on-one business matchmaking meetings
Place: Online, hosted in a virtual platform
Editions: 7 in-person editions of the Outsource2LAC series
Latest edition: Made in the Americas Global Digital Services Summit (MITA GDS) powered by Outsource2LAC in Buenos Aires, Argentina on July 2019 (in-person)
Organizer: The Inter-American Development Bank through its Integration and Trade
Sector and ConnectAmericas.com1
Background: Outsource2LAC is part of a strategy that the Integration and Trade Sector
at the Inter-American Development Bank has been executing since 2011 to support the
Latin American and Caribbean (LAC) countries to position themselves in the global digital services sector. This sector has brought important Benefits to the LAC economies, such as high value-added job creation, technology transfer, an increase in foreign direct investment and diversification of the export portfolio, among others.
Business matchmaking: Participants interested in participating in the one-on-one
business meetings can: offer products/services, seek products/services, seek strategic
partners, seek investment opportunities, seek potential investors.
The business meetings are booked online directly by participants, and they are matched
based on the commercial interest on both ends, based on a compatibility percentage
calculated by the matchmaking software used by the IDB.
Matchmaking results to date: Throughout its 7 past editions, over 11,000 B2B meetings have taken place, with projected business deals of around US$300 Million.
Matchmaking participant profile
a) Small and medium enterprises (SMEs) and startups that are carefully selected by the
IDB based on their export potential, innovation of their digital products and services, and certifications that:
a. Belong to one the 26 borrowing countries of the IDB in Latin America
and the Caribbean
b. Belong to the global digital services sector, as mentioned above (BPO, KPO, ITO, LPO, etc., including contractors and suppliers of these sub- sectors, specialized firms providing outsourcing and subcontracting services, law firms, etc.)
c. Have experience doing business at an international level
Global companies with interest in importing global digital services (BPO, KPO, ITO, LPO,
etc.). These international buyers are personally invited and handpicked by the IDB, based on their relevance in the sector. They usually come from North America, Latin America, Europe, and Asia. Trade and investment promotion agencies from Latin America and the Caribbean. Representatives from public sector institutions, chambers of commerce and business association in the global and digital services sector.