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CH-Q0005 : 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-Q0005
Approval date
November 20, 2013
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-14139-CH

Financial Information

Project Number
CH-Q0005
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
Mar/30/2015

Project Information

Total Cost
USD 80,000,000
Country counterpart financing
USD 75,000,000
Amount
USD 5,000,000

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