The establishment of this Fund is expected to further three key MIF objectives: (i) to fund a vehicle which will provide equity and convertible debt financing, financial and technical advisory, and value-added governance to approximately 12 to 15 Brazilian technology-based SMEs; (ii) to increase competitiveness and innovation among technology-based SMEs, and generate employment; and, (iii) to further the development of the venture capital industry in Brazil, providing examples of how the financing of early-stage and medium sized Brazilian companies through VC produces an impact on the growth and organization of these companies.

Project Detail

Country

Brazil

Project Number

BR-M1014

Approval Date

November 17, 2004

Project Status

Cancelled

Project Type

Technical Cooperation

Sector

-

Subsector

-

Lending Instrument

Instrumento del Fondo Multilateral de Inversiones

Lending Instrument Code

MIF

Modality

-

Facility Type

-

Environmental Classification

-

Total Cost

USD 75,000.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 75,000.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
ATN/ME-8948-BR Non-Sovereign Guaranteed USD - United States Dollar Multilateral Investment Fund II (MIF) - Nonreimbursable
Operation Number ATN/ME-8948-BR
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Multilateral Investment Fund II (MIF) -
  • Financial Instrument: Nonreimbursable

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 Other Documents
https://www.iadb.org/document.cfm?id=EZSHARE-1379755242-4162
Eligibility Memorandum
Elegibility memorandum for MIF project BR-M1014 - ATN_ME-8948-BR [1809225].PDF
Dec. 31, 1999
English
https://www.iadb.org/document.cfm?id=EZSHARE-1379755242-4163
Eligibility Memorandum
Elegibility memorandum for MIF project BR-M1014 - EQU_MS-8947-BR [1809255].PDF
Dec. 31, 1999
English

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