Venture Capital for Mexican Technology Based Enterprises - LATIN IDEA
The establishment of this Fund is expected to further five key objectives: (i) to promote technology entrepreneurship in Mexico by providing growth financing for up to 10 early and middle-stage technology-based SMEs that, if successful, will become role-models for others to follow; (ii) to promote the adoption and use of technology innovations among SMEs, increasing their competitiveness and generating high-quality employment; (iii) to lead the nascent risk capital technology sector in Mexico; (iv) to guide government institutions with an interest in promoting the development of the technology sector on how to invest and participate in the governance of an investment fund; and, (v) to promote risk capital fund raising among non-traditional investors in Mexican investment funds.

Project Detail

Country

Mexico

Project Number

ME-M1005

Approval Date

July 7, 2004

Project Status

Closed

Project Type

Technical Cooperation

Sector

FINANCIAL MARKETS

Subsector

FINANCIAL MARKETS

Lending Instrument

Instrumento del Fondo Multilateral de Inversiones

Lending Instrument Code

MIF

Modality

-

Facility Type

-

Environmental and Social Impact Category (ESIC)

-

Total Cost

USD 75,000.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 75,000.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
ATN/ME-8764-ME Non-Sovereign Guaranteed USD - United States Dollar Multilateral Investment Fund II (MIF) - Nonreimbursable
Operation Number ATN/ME-8764-ME
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Multilateral Investment Fund II (MIF) -
  • Financial Instrument: Nonreimbursable

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 Preparation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-2081802680-10384
Project Abstract
Project Abstract for MIF project ME-M1005 - ATN_ME-8764-ME [1793444].PDF
Dec. 31, 1899
English

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