Investment Fund for Competitive Technology-Based Companies CRP Venture
The establishment of this Fund is expected to further three key MIF objectives: 1) to fund a vehicle which will provide equity and convertible debt financing, financial and technical advisory, and value-added governance to approximately 20 Brazilian technology-based SMEs; 2) to increase competitiveness and innovation among technology-based SMEs, and generate employment; and, 3) to further the development of the venture capital industry in Brazil, providing examples of how the financing of early-stage Brazilian companies through VC produces an impact on the growth and organization of these companies.

Project Detail

Country

Brazil

Project Number

BR-Q0001

Approval Date

September 22, 2004

Project Status

Closed

Project Type

Equity

Sector

FINANCIAL MARKETS

Subsector

FINANCIAL MARKETS

Lending Instrument

Multilateral Investment Fund Instrument

Lending Instrument Code

MIF

Modality

-

Facility Type

-

Environmental and Social Impact Category (ESIC)

-

Total Cost

USD 11,000,000.00

Country Counterpart Financing

USD 7,300,000.00

Original Amount Approved

USD 3,700,000.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
EQU/MS-8865-BR Non-Sovereign Guaranteed USD - United States Dollar MIF-Small Enterprise Investment Fund Equity Financing
Operation Number EQU/MS-8865-BR
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: MIF-Small Enterprise Investment Fund
  • Financial Instrument: Equity Financing