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BR-M1111 : Emerging Enterprises Investment Fund C-Venture Premius
Project Status: Implementation
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
Project Number
BR-M1111
Approval date
November 16, 2011
Project Country
Brazil
Project Sector
PRIVATE FIRMS AND SME DEVELOPMENT
Project Subsector
SMALL AND MEDIUM ENTERPRISE
Project Type
Technical Cooperation
Project Lending Type
NSG
Project Modality
Project Facility Type
Environmental and social impact category
C
Project Status
Implementation
Operation Number
ATN/ME-13015-BR
Financial Information
Project Number
BR-M1111
Project Status
Implementation
IDB Financing
Financing type
TCN
Fund
Multilateral Investment Fund II (MIF) -
Reporting currency
USD - United States Dollar
Reporting date
Jul/18/2023
Roles & Responsibilities
Contract signature date
Nov/16/2011
Project Information
Total Cost
USD 380,000
Country counterpart financing
USD 0
Amount
USD 380,000
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