LAN ACCELERATOR: Accelerating Paraguay's Startup Ecosystem
The project objective is to promote the development and sustainable growth of Paraguayan innovative startups and micro, small, and medium-sized enterprises (MSMEs), and those of the region in Paraguay, through an acceleration program to strengthen their connection with global venture capital networks and promote the inclusion of women and climate action. The proposal thus seeks to contribute to the consolidation of LAN Ventures EAS and its LAN Accelerator program, a regional acceleration and financing program that will target resources to support the growth and expansion of Paraguayan technology-based startups and their ecosystem through financing opportunities, connections, international projection of the companies, and improvements in the coordination of existing support structures for the principally technology-based ventures.

Project Detail

Country

Paraguay

Project Number

PR-T1375

Approval Date

February 28, 2025

Project Status

Implementation

Project Type

Technical Cooperation

Sector

ENVIRONMENT AND NATURAL DISASTERS

Subsector

CLIMATE CHANGE FINANCING

Lending Instrument

Instrumento del Fondo Multilateral de Inversiones

Lending Instrument Code

MIF

Modality

-

Facility Type

-

Environmental and Social Impact Category (ESIC)

-

Total Cost

USD 1,293,300.00

Country Counterpart Financing

USD 631,200.00

Original Amount Approved

USD 662,100.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
ATN/ME-21508-PR Non-Sovereign Guaranteed USD - United States Dollar Multilateral Investment Fund II (MIF) - Nonreimbursable
Operation Number ATN/ME-21508-PR
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Multilateral Investment Fund II (MIF) -
  • Financial Instrument: Nonreimbursable