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Support to Create a LAC-Korea Startup Fund
The general objective of this TC is to explore the possibility of creating a Latin America and the Caribbean (LAC)-Korea startup fund. This fund would support start-ups and scale-ups in LAC attract additional investments and penetrate other markets beyond the LAC region, in particular Korea/Asia. It would also support Korean start-ups operating in LAC or looking to expand to LAC markets.

Project Detail

Country

Regional

Project Number

RG-T3360

Approval Date

February 1, 2019

Project Status

Closed

Project Type

Technical Cooperation

Sector

PRIVATE FIRMS AND SME DEVELOPMENT

Subsector

SMALL AND MEDIUM ENTERPRISE

Lending Instrument

Multilateral Investment Fund Instrument

Lending Instrument Code

MIF

Modality

-

Facility Type

-

Environmental Classification

-

Total Cost

USD 650,000.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 650,000.00

Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
ATN/KS-17239-RG Non-Sovereign Guaranteed USD - United States Dollar Korea Private Sector Dev and Innovt Fund Nonreimbursable
Operation Number ATN/KS-17239-RG
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Korea Private Sector Dev and Innovt Fund
  • Financial Instrument: Nonreimbursable

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Implementation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-1671698242-2
TC Document
RG-T3360 - TC Document.pdf
May. 06, 2019
English
Other Documents
https://www.iadb.org/document.cfm?id=EZSHARE-852909853-2
Proposal
ANEXO1-LAC Market Presentation.pdf
Aug. 12, 2019
English
https://www.iadb.org/document.cfm?id=EZSHARE-852909853-4
Proposal
ANEXO2-Korea Market Presentation.pdf
Aug. 12, 2019
English
https://www.iadb.org/document.cfm?id=EZSHARE-852909853-5
Proposal
RFP LAC Korea Startup Fund.pdf
Oct. 07, 2019
English

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