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

Multilateral Investment Fund Instrument

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) -
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:

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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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