Investment Fund for Brazilian Companies DVC II

The general objective of the project is to further the development of the venture capital industry in Brazil, providing examples of how the financing of the small companies through venture capital funds produces an impact on thegrowth and organization of these companies. The purpose of the project is to support a new venture capital management team and its first Fund, which will provide equity and quasi-equity financing, financial and technical advisory, and value-added governance to 8 to 12 technology-related small and medium-sized enterprises (SMEs).

Project Detail

Country

Brazil

Project Number

BR-Q0002

Approval Date

November 17, 2004

Project Status

Cancelled

Project Type

Equity

Sector

Subsector

Lending Instrument

Multilateral Investment Fund Instrument

Lending Instrument Code

MIF

Modality

Facility Type

Environmental and Social Impact Category (ESIC)

Total Cost

USD 14,800,000.00

Country Counterpart Financing

USD 10,800,000.00

Original Amount Approved

USD 4,000,000.00

Can’t find a document? Request information