Equity Investment in the AgroDesarrollo Fund

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

Country

Chile

Project Number

CH-M1038

Approval Date

November 18, 2009

Project Status

Closed

Project Type

Technical Cooperation

Sector

PRIVATE FIRMS AND SME DEVELOPMENT

Subsector

SMALL AND MEDIUM ENTERPRISE

Lending Instrument

Instrumento del Fondo Multilateral de Inversiones

Lending Instrument Code

MIF

Modality

Facility Type

Environmental and Social Impact Category (ESIC)

Category B13: Uncategorized Directive B.13

Total Cost

USD 230,000.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 230,000.00

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Implementation Phase

https://www.iadb.org/document.cfm?id=EZSHARE-1489589665-3

TC Document

CH-M1038 - TC Abstract.pdf

Nov. 15, 2018

English

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