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ME-Q0011 : 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-Q0011
Approval date
July 22, 2015
Project Country
Mexico
Project Sector
PRIVATE FIRMS AND SME DEVELOPMENT
Project Subsector
SMALL AND MEDIUM ENTERPRISE
Project Type
Equity
Project Lending Type
NSG
Project Modality
Project Facility Type
Project Status
Implementation
Operation Number
EQU/MS-15053-ME

Financial Information

Project Number
ME-Q0011
Project Status
Implementation

IDB Financing

Financing type
EQU
Fund
MIF-Small Enterprise Investment Fund
Reporting currency
USD - United States Dollar
Reporting date
Jul/18/2023

Roles & Responsibilities

Contract signature date
Feb/04/2016

Project Information

Total Cost
USD 40,000,000
Country counterpart financing
USD 36,000,000
Amount
USD 4,000,000

Preparation

Title
Type
Project Number
Date Published
Project Profile
ME-Q0011
August 02, 2017