Partnership between the MIF and Burrill & Company LLC
The general objectives of the fund are to: i) help the development and institutionalization of VC investing in Brazil through a North-South partnership that adds value by transferring global best practices; and ii) contribute to the growth of the life sciences industry in Brazil. The specific objectives of the fund are to: i) provide financing to innovative entrepreneurs and SMEs in Brazil; ii) create quality employment for local populations; and iii) improve SMEs corporate governance, auditing, management and intellectual property practices.

Project Detail

Country

Brazil

Project Number

BR-M1100

Approval Date

November 18, 2009

Project Status

Closed

Project Type

Technical Cooperation

Sector

PRIVATE FIRMS AND SME DEVELOPMENT

Subsector

SMALL AND MEDIUM ENTERPRISE

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 230,000.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 230,000.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
ATN/ME-12037-BR Non-Sovereign Guaranteed USD - United States Dollar Multilateral Investment Fund II (MIF) - Nonreimbursable
Operation Number ATN/ME-12037-BR
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Multilateral Investment Fund II (MIF) -
  • Financial Instrument: Nonreimbursable