MVP Technology Fund for Software Emerging Companies
Financial Objective: The Fund has established the target of approximately 22% IRR, over the duration of the fund of five years, and an investment failure rate of 25%. Development Objective: i) create a vehicle to provide capital, financing and techncial and managerial assistance to approximately 10-15 small Brazilian firms, ii) have a catalytic effect through the creation of this instrument on the investment market; iii) promote the development of the risk capital market in Brazil.

Project Detail

Country

Brazil

Project Number

TC0008018

Approval Date

September 20, 2000

Project Status

Implementation

Project Type

Equity

Sector

-

Subsector

-

Lending Instrument

Instrumento del Fondo Multilateral de Inversiones

Lending Instrument Code

MIF

Modality

-

Facility Type

-

Environmental and Social Impact Category (ESIC)

-

Total Cost

USD 11,250,000.00

Country Counterpart Financing

USD 9,000,000.00

Original Amount Approved

USD 2,250,000.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
EQU/MS-7137-BR Non-Sovereign Guaranteed USD - United States Dollar MIF-Small Enterprise Investment Fund Equity Financing
Operation Number EQU/MS-7137-BR
  • 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