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Investment Fund Small Enterprises Environmental Sector
The purpose of the project is to support the development of small Mexican firms, particularly new businesses, in the environmental sector. The specific objective is to expand the financial capacity of the Risk Capital Fund of the North American Environmental Fund established in 1993 to finance companies in the environmental market. The projectís contribution resides in the fact that fresh resources received by the Fund in the form of IDB/MIF financing and local counterpart funding will be fully invested in small companies meeting the investment criteria, based on the principles of profitable investment.

Project Detail

Country

Mexico

Project Number

TC9707376

Approval Date

December 10, 1997

Project Status

Closed

Project Type

Equity

Sector

-

Subsector

-

Lending Instrument

Instrumento del Fondo Multilateral de Inversiones

Lending Instrument Code

MIF

Modality

-

Facility Type

-

Environmental Classification

-

Total Cost

USD 8,000,000.00

Country Counterpart Financing

USD 4,000,000.00

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-0010-ME Non-Sovereign Guaranteed USD - United States Dollar MIF-Small Enterprise Investment Fund Equity Financing
Operation Number EQU/MS-0010-ME
  • 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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Implementation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-209597722-4102
Donors Memorandum
Donors memorandum for MIF project TC9707376 - EQU_MS-0010-ME [1803163].PDF
Dec. 31, 1999
English

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