Support to Create a LAC-Korea Startup Fund

The general objective of this TC is to explore the possibility of creating a Latin America and the Caribbean (LAC)-Korea startup fund. This fund would support start-ups and scale-ups in LAC attract additional investments and penetrate other markets beyond the LAC region, in particular Korea/Asia. It would also support Korean start-ups operating in LAC or looking to expand to LAC markets.

Project Detail

Country

Regional

Project Number

RG-T3360

Approval Date

February 1, 2019

Project Status

Closed

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)

Total Cost

USD 650,000.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 650,000.00

Financial Information

Operation Number	Lending Type	Reporting Currency	Reporting Date	Signed Date	Fund	Financial Instrument
ATN/KS-17239-RG	Non-Sovereign Guaranteed	USD - United States Dollar	Jan. 16, 2025	Feb. 1, 2019	Korea Private Sector Dev and Innovt Fund	Nonreimbursable

Operation Number

ATN/KS-17239-RG

Lending Type: Non-Sovereign Guaranteed
Reporting Currency: USD - United States Dollar
Reporting Date: Jan. 16, 2025
Signed Date: Feb. 1, 2019
Fund: Korea Private Sector Dev and Innovt Fund
Financial Instrument: Nonreimbursable

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Implementation Phase

https://www.iadb.org/document.cfm?id=EZSHARE-1671698242-2

TC Document

RG-T3360 - TC Document.pdf

May. 06, 2019

English