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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

Instrumento del Fondo Multilateral de Inversiones

Lending Instrument Code

MIF

Modality

-

Facility Type

-

Environmental Classification

-

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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