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CO-Q0010 : Velum Early Stage Fund I
Project Status: Implementation
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-Q0010
Approval date
October 23, 2013
Project Country
Colombia
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-14075-CO
Financial Information
Project Number
CO-Q0010
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
Jun/06/2014
Project Information
Total Cost
USD 12,572,822
Country counterpart financing
USD 7,572,822
Amount
USD 5,000,000
Approved
Title
Type
Project Number
Date Published
Procurement Information
DATA ACCESS AND LICENSING
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