The Inter-American Development Bank (IDB) is supporting, through financing, the promotion of cybersecurity and youth employment in Panama. The objective of this PPP is to develop skills and create jobs related to cybersecurity, focusing on improving women’s participation in the sector and expanding access to affordable cybersecurity services for SMEs. 

The entities involved in this alliance include NUMU Corporation, Deloitte Cyber Academy, Technical Superior Specialized Institute (ITSE), MNEMO Cybersecurity and various other organizations. NUMU Corporation is responsible for project management, skills development, bridges to employment and funds administration, while MNEMO Cybersecurity provides technical services and market experience. Deloitte Cyber Academy offers an online learning platform, while ITSE and other organizations assist in the outreach to young participants and host important activities related to the project. 

The impact of this alliance includes the establishment of a cybersecurity centre of excellence, the training and certification of 406 youngsters, 40% of them women, work experience for 200 of these individuals and the provision of cybersecurity services to 300 SMEs, enhancing their resilience to cyberattacks. NUMU is expanding this concept to El Salvador and other countries to open the highway of digital transformation opportunities for more people in the region. The goal is to make an impact through cybersecurity labs and AI skills development roadmaps, targeting the more vulnerable population in that country.