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BR-Q0009 : Partnership between the MIF and Burrill & Company LLC
Project Status: Implementation
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
Project Number
BR-Q0009
Approval date
November 18, 2009
Project Country
Brazil
Project Sector
SCIENCE AND TECHNOLOGY
Project Subsector
R&D AND INNOVATION FUNDING
Project Type
Equity
Project Lending Type
NSG
Project Modality
Project Facility Type
Project Status
Implementation
Operation Number
EQU/MS-12038-BR
Financial Information
Project Number
BR-Q0009
Project Status
Implementation
IDB Financing
Financing type
EQU
Fund
MIF-Small Enterprise Investment Fund
Reporting currency
USD - United States Dollar
Reporting date
Jul/18/2023
Roles & Responsibilities
Contract signature date
Dec/14/2011
Project Information
Total Cost
USD 146,500,000
Country counterpart financing
USD 141,500,000
Amount
USD 5,000,000
Approved
Title
Type
Project Number
Date Published

