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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 Classification

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

Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
ATN/ME-15659-RG Non-Sovereign Guaranteed USD - United States Dollar Multilateral Investment Fund II (MIF) - Nonreimbursable
Operation Number ATN/ME-15659-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-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

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