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From Mexico to the Region: Investment in Cometa’s Venture Capital Fund

This project has the objective of supporting highly promising startups in ME, PE, CO, CH to thrive and realize their full transformational potential in high-impact sectors, such as financial services, healthtech, edtech, mobility/logistics, retailtech and SMEs solutions. To this end, the project will invest in COMETA CAPITAL's third fund (COMETA Fund III).

Project Detail

Country

Regional

Project Number

RG-Q0053

Approval Date

September 5, 2019

Project Status

Implementation

Project Type

Equity

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 B13: Uncategorized Directive B.13

Total Cost

USD 75,000,000.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 4,000,000.00

Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
EQU/MS-17549-RG Non-Sovereign Guaranteed USD - United States Dollar MIF-Small Enterprise Investment Fund Equity Financing
Operation Number EQU/MS-17549-RG
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: MIF-Small Enterprise Investment Fund
  • Financial Instrument: Equity Financing

Can’t find a document? Request information

Implementation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-1786894926-3
Donors Memorandum
RG-Q0053 - Project summary.pdf
Sep. 30, 2019
English
https://www.iadb.org/document.cfm?id=EZSHARE-1786894926-4
Donors Memorandum
RG-Q0053 - Resumen del proyecto.pdf
Sep. 30, 2019
Spanish

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