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ME-M1105 : Ideas & Capital - Mexico Innovation Fund

Project Status: Implementation

Ideas & Capital - Mexico Innovation Fund will invest in innovative small and medium sized Mexican companies in the agribusiness, education, healthcare, and technology sectors. The project will have two components: a MIF equity investment of $4MM, and a technical assistance component of $260,000.00 to finance knowledge products and events, legal costs, etc.

Project Detail

Project Number
ME-M1105
Approval date
July 22, 2015
Project Country
Mexico
Project Sector
PRIVATE FIRMS AND SME DEVELOPMENT
Project Subsector
SMALL AND MEDIUM ENTERPRISE
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-15052-ME

Financial Information

Project Number
ME-M1105
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
Jul/22/2015

Project Information

Total Cost
USD 260,000
Country counterpart financing
USD 0
Amount
USD 260,000

Approved

Title
Type
Project Number
Date Published
TC Document
ME-M1105
September 18, 2018
TC Document
ME-M1105
September 18, 2018