Partnership between the MIF and Burrill & Company LLC
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

Country

Brazil

Project Number

BR-Q0009

Approval Date

November 18, 2009

Project Status

Implementation

Project Type

Equity

Sector

SCIENCE AND TECHNOLOGY

Subsector

R&D AND INNOVATION FUNDING

Lending Instrument

Instrumento del Fondo Multilateral de Inversiones

Lending Instrument Code

MIF

Modality

-

Facility Type

-

Environmental and Social Impact Category (ESIC)

-

Total Cost

USD 146,500,000.00

Country Counterpart Financing

USD 141,500,000.00

Original Amount Approved

USD 5,000,000.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
EQU/MS-12038-BR Non-Sovereign Guaranteed USD - United States Dollar MIF-Small Enterprise Investment Fund Equity Financing
Operation Number EQU/MS-12038-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

Can’t find a document? Request information

 Implementation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-2011763881-3
TC Document
BR-Q0009 - TC abstract.pdf
Nov. 15, 2018
English
https://www.iadb.org/document.cfm?id=EZSHARE-2011763881-4
TC Document
BR-Q0009 - Síntesis del proyecto.pdf
Nov. 15, 2018
Spanish

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