Uruguay, Nov. 12 -- The Inter-American Development Bank (IDB)'s Board of Executive Directors has approved a Conditional Credit Line for Investment Projects (CCLIP) of $300 million to support Uruguay's productive development. As part of this new credit line, the Board also approved an initial loan of $30 million to boost productivity through innovation.The program will finance long-term scientific research projects, promote the transfer of scientific and technological knowledge, strengthen science and technology-based companies, and foster innovation in the public sector. In addition, a pilot program for technology guarantees will be implemented to facilitate access to financing for innovative projects.More than 400 researchers, companies, a...