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ME-M1090 : Venture Innovation Fund II

Project Status: Implementation

Venture Innovation Fund II will invest in innovative Mexican small and medium sized companies providing healthcare services, financial services and other technology related services. The project will have two components: a MIF equity investment of $4MM, and a technical assistance component of $300,000.00 to finance knowledge products and events, legal costs, etc.

Project Detail

Project Number
ME-M1090
Approval date
May 21, 2014
Project Country
Mexico
Project Sector
SCIENCE AND TECHNOLOGY
Project Subsector
SCIENCE AND TECHNOLOGY
Project Type
Technical Cooperation
Project Lending Type
NSG
Project Modality
Project Facility Type
Environmental and social impact category
B13
Project Status
Implementation
Operation Number
ATN/ME-14413-ME

Financial Information

Project Number
ME-M1090
Project Status
Implementation

IDB Financing

Financing type
TCN
Fund
Multilateral Investment Fund II (MIF) -
Reporting currency
USD - United States Dollar
Reporting date
Jul/18/2023

Roles & Responsibilities

Contract signature date
May/21/2014

Project Information

Total Cost
USD 300,000
Country counterpart financing
USD 0
Amount
USD 300,000

Preparation

Title
Type
Project Number
Date Published
Multilateral Investment Fund Abstract
ME-M1090
October 15, 2013