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RG-Q0090 : Igniting Nascent Ecosystems: Investment in iThink VC Ignite Fund

Project Status: Implementation

The objective of this project is to support and invest in iThink VC Ignite Fund, regional fund with a special focus on supporting and investing in Bolivian and Paraguayan early stage startups. Ignite fund will invest in up to 30 early stage startups in Latin America and the Carribbean with a special focus on igniting the Bolivian and Paraguayan ecosystem.

Project Detail

Project Number
RG-Q0090
Approval date
December 16, 2021
Project Country
Regional
Project Sector
PRIVATE FIRMS AND SME DEVELOPMENT
Project Subsector
MICROENTERPRISE DEVELOPMENT
Project Type
Equity
Project Status
Implementation
Operation Number
EQU/MS-19121-RG

Financial Information

Project Number
RG-Q0090
Project Status
Implementation

IDB Financing

Financing type
EQU
Fund
MIF-Small Enterprise Investment Fund
Reporting currency
USD - United States Dollar
Reporting date
Jun/24/2022

Roles & Responsibilities

Project Information

Total Cost
USD 20,000,000
Country counterpart financing
USD 0
Amount
USD 3,000,000

Approved

Title
Type
Project Number
Date Published
Donors Memorandum
RG-Q0090
February 21, 2022
Donors Memorandum
RG-Q0090
February 21, 2022