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Equity Investment in Newtopia II: Supporting Entrepreneurs from Idea to Scale

The Project's main objective is to support the growth of early-stage startups in LAC in terms of revenue and job creation.

Project Detail

Country

Regional

Project Number

RG-Q0140

Approval Date

December 10, 2024

Project Status

Implementation

Project Type

Equity

Sector

PRIVATE FIRMS AND SME DEVELOPMENT

Subsector

SMALL AND MEDIUM ENTERPRISE

Lending Instrument

Multilateral Investment Fund Instrument

Lending Instrument Code

MIF

Modality

-

Facility Type

-

Environmental and Social Impact Category (ESIC)

-

Total Cost

USD 75,000,000.00

Country Counterpart Financing

-

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-21447-RG Non-Sovereign Guaranteed USD - United States Dollar MIF-Small Enterprise Investment Fund Equity Financing
Operation Number EQU/MS-21447-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

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Preparation Phase
https://www.iadb.org/document.cfm?id=EZIDB0002834-528343232-6
Profile
IDEATE 2024-10-28 Public Summary 1692 RG-Q0140.pdf
Dec. 16, 2024
English
https://www.iadb.org/document.cfm?id=EZIDB0002834-1531914617-5
Environmental and Social Review Summary
Newtopia_Resumen de la Revision Ambiental y Social (RRAS).pdf
Nov. 07, 2024
Spanish
https://www.iadb.org/document.cfm?id=EZIDB0002834-1531914617-6
Environmental and Social Review Summary
Newtopia_Environmental and Social Review Summary (RRAS)_ENG.pdf
Nov. 07, 2024
English
Implementation Phase
https://www.iadb.org/document.cfm?id=EZIDB0002834-528343232-4
Donors Memorandum
RG-Q0140 Project Summary.pdf
Dec. 16, 2024
English
https://www.iadb.org/document.cfm?id=EZIDB0002834-528343232-5
Donors Memorandum
RG-Q0140 Resumen del proyecto.pdf
Dec. 16, 2024
English

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