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CO-M1093 : Velum Early Stage Fund I
Project Status: Closed
The project will provide an equity investment of USD 4 M in Velum Seed Fund I and a technical assistance (TA) of USD 395,000. The Fund will make equity investments and provide value added advice and hands-on management to technology start-ups in Colombia. The project will support the local entrepreneurial ecosystem and stimulate the creation of skilled employment.
Project Detail
Project Number
CO-M1093
Project Country
Colombia
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-14076-CO
Financial Information
Project Number
CO-M1093
Project Status
Closed
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
Oct/23/2013
Project Information
Total Cost
USD 455,000
Country counterpart financing
USD 0
Amount
USD 455,000
Approved
Title
Type
Project Number
Date Published
Procurement Information
DATA ACCESS AND LICENSING
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