Velum Early Stage Fund I
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

Country

Colombia

Project Number

CO-Q0010

Approval Date

October 23, 2013

Project Status

Implementation

Project Type

Equity

Sector

PRIVATE FIRMS AND SME DEVELOPMENT

Subsector

SMALL AND MEDIUM ENTERPRISE

Lending Instrument

-

Lending Instrument Code

-

Modality

-

Facility Type

-

Environmental and Social Impact Category (ESIC)

-

Total Cost

USD 12,572,821.74

Country Counterpart Financing

USD 7,572,821.74

Original Amount Approved

USD 5,000,000.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
EQU/MS-14075-CO Non-Sovereign Guaranteed USD - United States Dollar MIF-Small Enterprise Investment Fund Equity Financing
Operation Number EQU/MS-14075-CO
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: MIF-Small Enterprise Investment Fund
  • Financial Instrument: Equity Financing

Can’t find a document? Request information

 Implementation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-1162127757-3
TC Document
CO-Q0010 - Project summary.pdf
Nov. 06, 2018
English
https://www.iadb.org/document.cfm?id=EZSHARE-1162127757-4
TC Document
CO-Q0010 - Resumen del proyecto.pdf
Dec. 18, 2018
Spanish

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