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CH-Q0001 : Equity Investment in the AgroDesarrollo Fund

Project Status: Implementation

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-Q0001
Approval date
November 18, 2009
Project Country
Chile
Project Sector
PRIVATE FIRMS AND SME DEVELOPMENT
Project Subsector
SMALL AND MEDIUM ENTERPRISE
Project Type
Equity
Project Lending Type
NSG
Project Modality
Project Facility Type
Project Status
Implementation
Operation Number
EQU/MS-12034-CH

Financial Information

Project Number
CH-Q0001
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
Jan/15/2010

Project Information

Total Cost
USD 28,000,000
Country counterpart financing
USD 24,500,000
Amount
USD 3,500,000

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