Equity Investment in the Angel Ventures Pacific Alliance Fund/AVPAF

In the context of the SME Technical Group of the Pacific Alliance, member countries have agreed to establish a financing mechanism for SMEs and entrepreneurs of the Pacific Alliance. After analyzing various options, the MIF was asked to advise member countries in the creation of a seed and venture capital fund to support entrepreneurs and their companies. The project will help establish this fund, which will provide smart money to companies in the countries of the Pacific Alliance -Mexico, Colombia, Peru and Chile-leveraging the synergies that are taking place within the framework of the Alliance.

Project Detail

Country

Regional

Project Number

RG-M1291

Approval Date

August 3, 2016

Project Status

Cancelled

Project Type

Technical Cooperation

Sector

PRIVATE FIRMS AND SME DEVELOPMENT

Subsector

SMALL AND MEDIUM ENTERPRISE

Lending Instrument

Instrumento del Fondo Multilateral de Inversiones

Lending Instrument Code

MIF

Modality

Facility Type

Environmental and Social Impact Category (ESIC)

Category C: Likely to cause minimal or no negative environmental and associated social impacts

Total Cost

USD 135,000.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 135,000.00

Can’t find a document? Request information

Implementation Phase

https://www.iadb.org/document.cfm?id=EZSHARE-1997907278-6

Approved TC document

RG-M1291 - RG-Q0026 - Project Summary.pdf

Aug. 27, 2018

English

https://www.iadb.org/document.cfm?id=EZSHARE-1997907278-7

Approved TC document

RG-M1291 - RG-Q0026 - Resumen del proyecto.pdf

Aug. 27, 2018

Spanish

Have an Environmental or Social issue related to IDB projects? File a Complaint