Business Innovation and Entrepreneurship Program III
The general objective of the program is to increase business productivity through investment in knowledge, human capital, innovation and entrepreneurship. The specific objectives are: (i) increase the investment in and the construction of applied knowledge in the productive sector and society; (ii) increase the supply of advanced human capital and its involvement in the productive and public sectors; (iii) promote private investment in innovation activities; and (iv) promote private investment in quality innovative entrepreneurships.

Project Detail

Country

Uruguay

Project Number

UR-L1187

Approval Date

July 29, 2022

Project Status

Implementation

Project Type

Loan Operation

Sector

PRIVATE FIRMS AND SME DEVELOPMENT

Subsector

ENTERPRISE DEVELOPMENT, CLUSTERS AND INNOVATION

Lending Instrument

-

Lending Instrument Code

-

Modality

LBR (Loan Based on Results)

Facility Type

-

Environmental and Social Impact Category (ESIC)

Category C: Likely to cause minimal or no negative environmental and associated social impacts

Total Cost

USD 45,000,000.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 45,000,000.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
5565/OC-UR Sovereign Guaranteed USD - United States Dollar Ordinary Capital Flexible Financing Facility
Operation Number 5565/OC-UR
  • Lending Type: Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Ordinary Capital
  • Financial Instrument: Flexible Financing Facility