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Business Innovation and Entrepreneurship Project

The objective of the CCLIP is to improve the productivity of companies by increasing investment in knowledge, human resources, innovation and entrepreneurship. The general objective of the first operation is to increase private investment in innovation through the support of innovative entrepreneurship and the strengthening of advanced human capital. The specific objectives are: (i) to stimulate the supply of early financing for innovative entrepreneurship, (ii) to increase the supply of advanced human capital according to the needs of the productive sector and (iii) to strengthen institutional capacities to achieve these objectives.

Project Detail

Country

Uruguay

Project Number

UR-L1142

Approval Date

October 11, 2017

Project Status

Closed

Project Type

Loan Operation

Sector

PRIVATE FIRMS AND SME DEVELOPMENT

Subsector

ENTERPRISE DEVELOPMENT, CLUSTERS AND INNOVATION

Lending Instrument

-

Lending Instrument Code

-

Modality

LBR (Loan Based on Results)

Facility Type

-

Environmental and Social Impact Category (ESIC)

Category B13: Uncategorized Directive B.13

Total Cost

USD 25,000,000.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 25,000,000.00

Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
4329/OC-UR Sovereign Guaranteed USD - United States Dollar Ordinary Capital Flexible Financing Facility
Operation Number 4329/OC-UR
  • Lending Type: Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Ordinary Capital
  • Financial Instrument: Flexible Financing Facility
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