The High-Level Technology Fund is a multi-donor trust fund
that provides grant financing to encourage more widespread adoption of high-level technology to address development challenges in ADB’s developing member countries.
As of 2019, the Government of Japan is HLT Fund’s sole donor.
Objectives of the HLT Fund
The HLT Fund seeks to promote the integration of HLT and innovative solutions into ADB-financed and administered projects, and connect technology providers with ADB’s project officers and developing member countries to explore business opportunities for HLT integration.
Uses of the HLT Fund
The HLT Fund can be used throughout the project cycle, from identification to implementation and operation, in the form of grants to finance:
- technical assistance (TA) projects;
- investment projects; and
- direct charges (pool of experts and activities).
The maximum funding for each TA or investment project is $5 million, while the maximum funding for each direct charges activity is $150,000. Any amount exceeding the maximum ceiling may be subject to prior consultation with and approval by the HLT Fund steering committee.
The HLT Fund also supports the Partnership TA which can be used to identify and develop an HLT project at an early stage of the project cycle, even before the country programming, based on proposals by technology firms.