CITES I: Transforming Disruptive Science and Technology into Scalable Businesses
The objective is to promote the scientific-technological entrepreneur ecosystem in Argentina, through investment in CITES I. This investment vehicle will accelerate and invest in scientific-technological startups in early stages based on disruptive technologies, with solid intellectual property, an opportunity for global expansion, and capable of addressing social and / or environmental problems in a sustainable manner. Target technology and business verticals will include medical technologies, technologies for finance, insurance technologies, big data, technologies for agriculture, agro-industry and food, artificial intelligence, 3D technologies, renewable energy, aerospace, among others.

Project Detail

Country

Argentina

Project Number

AR-Q0017

Approval Date

October 19, 2018

Project Status

Implementation

Project Type

Equity

Sector

PRIVATE FIRMS AND SME DEVELOPMENT

Subsector

ENTERPRISE DEVELOPMENT, CLUSTERS AND INNOVATION

Lending Instrument

Instrumento del Fondo Multilateral de Inversiones

Lending Instrument Code

MIF

Modality

-

Facility Type

-

Environmental and Social Impact Category (ESIC)

Category B13: Uncategorized Directive B.13

Total Cost

USD 24,000,000.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 3,000,000.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
EQU/MS-16993-AR Non-Sovereign Guaranteed USD - United States Dollar
Operation Number EQU/MS-16993-AR
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund:
  • Financial Instrument:

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 Implementation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-799422065-2
TC Document
AR-Q0017 - Project summary.pdf
Jan. 10, 2019
English
https://www.iadb.org/document.cfm?id=EZSHARE-799422065-3
TC Document
AR-Q0017 - Resumen del proyecto.pdf
Jan. 10, 2019
Spanish

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