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CH-M1059 : Aurus Ventures III Fund. Innovation around the Copper and Mining Industries

Project Status: Implementation

The Fund will invest in small and medium innovative enterprises that counts on businesses related to copper industry and its opportunities that, using Chile as a pilot or validation market, present an accelerated growth potential, having the capacity of scale globally. The Fund will aim to invest in technological enterprises that counts on products, services, solutions, projects or businesses related to: a) Cooper and Molybdenum products with high added value. b) New purposes for products and sub-products of the Cooper industry. c) Availability and assurance of water supply in mining operations and related industries. d) Availability and assurance of energy supply in mining operations and related industries. e) Sustainability and security in mining operations. f) Efficiency, productivity and competitiveness in mining operations.

Project Detail

Project Number
CH-M1059
Approval date
November 20, 2013
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
Implementation
Operation Number
ATN/ME-14138-CH

Financial Information

Project Number
CH-M1059
Project Status
Implementation

IDB Financing

Financing type
TCN
Fund
Multilateral Investment Fund II (MIF) -
Reporting currency
USD - United States Dollar
Reporting date
Jul/18/2023

Roles & Responsibilities

Contract signature date
Nov/20/2013

Project Information

Total Cost
USD 500,000
Country counterpart financing
USD 0
Amount
USD 500,000

Preparation

Title
Type
Project Number
Date Published
Multilateral Investment Fund Abstract
CH-M1059
May 14, 2015