Emerging Enterprises Investment Fund C-Venture Premius
The project seeks to support the creation of a seed fund, which will provide seed equity financing to a group of 12-16 emerging firms in the states of Santa Catarina and Parana, Brazil. The fund will target emerging firms with high growth potential in the energy, life sciences and information technology sectors. The investment in this fund is part of the strategy devised by the MIF and FINEP in their INOVAR II TA project that seeks to support the development of angel and seed investing.

Project Detail

Country

Brazil

Project Number

BR-M1111

Approval Date

November 16, 2011

Project Status

Implementation

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 and Social Impact Category (ESIC)

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

Total Cost

USD 380,000.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 380,000.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
ATN/ME-13015-BR Non-Sovereign Guaranteed USD - United States Dollar Multilateral Investment Fund II (MIF) - Nonreimbursable
Operation Number ATN/ME-13015-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

Can’t find a document? Request information

 Implementation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-1983553961-31609
Agree-Mif Equity
Emerging Enterprises Investment Fund C-Ventures Primus [36486220].PDF
Jul. 30, 2014
English
https://www.iadb.org/document.cfm?id=EZSHARE-1983553961-31610
Agree-Mif Equity
Fondo C-Ventures Primus de Inversión en Empresas Emergentes [36486223].PDF
Jul. 30, 2014
Spanish

Have an Environmental or Social issue related to IDB projects? File a Complaint