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NXTP Labs-A Framework to Consolidate Seed-accelerator Model Technology Start-ups
The project seeks to approve an equity investment in NXTP Labs, a Buenos Aires-based accelerator seed fund that provides seed funding, mentoring, community and office space to entrepreneurs all over the Region with great ideas and execution capabilities. The project will have two components: a MIF equity investment of $5MM, and a technical assistance component of $435,000.00 in order to finance knowledge products and events, to help advance angel investing in the Region, as well as the international exposure of local start-ups.

Project Detail

Country

Regional

Project Number

RG-M1229

Approval Date

April 10, 2013

Project Status

Implementation

Project Type

Technical Cooperation

Sector

SCIENCE AND TECHNOLOGY

Subsector

SCIENCE AND TECHNOLOGY

Lending Instrument

Instrumento del Fondo Multilateral de Inversiones

Lending Instrument Code

MIF

Modality

-

Facility Type

-

Environmental Classification

Uncategorized Directive B.13

Total Cost

USD 750,000.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 750,000.00

Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
ATN/ME-13773-RG Non-Sovereign Guaranteed USD - United States Dollar Multilateral Investment Fund II (MIF) - Nonreimbursable
Operation Number ATN/ME-13773-RG
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Multilateral Investment Fund II (MIF) -
  • Financial Instrument: Nonreimbursable

Can’t find a document? Request information

Implementation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-1983553961-31790
Agree-Mif Equity
NXTP Labs – Marco para Consolidar el Modelo de Acelerador de Nuevas Empresas de Tecnología [37492472].PDF
Jan. 21, 2015
Spanish
https://www.iadb.org/document.cfm?id=EZSHARE-1983553961-31791
Technical Cooperation Agreement
NXTP Labs - A Framework to Consolidate a Seed-Accelerator Model for Technology Start-Ups [37492519].PDF
Jan. 21, 2015
English

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