Can’t find a document? Request Information

CH-M1038 : Equity Investment in the AgroDesarrollo Fund

Project Status: Closed

The general objective of the project is to support the establishment of a VC industry in Chile as well as local fund management capacity in a sector that is relevant for the country¿s economy, by showcasing the impact that VC has on the growth and competitiveness of SMEs. The specific objective of this project is to transform initiatives of entrepreneurs from the agriculture sectors into profitable businesses, generating sustainable employment and economic development, by providing equity, quasi-equity and debt financing, as well as value added governance to 9 to 14 small agribusinesses.

Project Detail

Project Number
CH-M1038
Project Country
Chile
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
B13
Project Status
Closed
Operation Number
ATN/ME-12033-CH

Financial Information

Project Number
CH-M1038
Project Status
Closed

IDB Financing

Financing type
TCN
Fund
Multilateral Investment Fund II (MIF) -
Reporting currency
USD - United States Dollar
Reporting date
Apr/30/2023

Roles & Responsibilities

Contract signature date
Nov/18/2009

Project Information

Total Cost
USD 230,000
Country counterpart financing
USD 0
Amount
USD 230,000

Approved

Title
Type
Project Number
Date Published
TC Document
CH-M1038
November 15, 2018