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Novarum Seed Investment Fund
The objectives are to increase competitiveness and innovation among technology-based seed companies, taking them into commercial operation and generate employment; and
to further the development of the venture capital industry
in Brazil, providing examples of how the financing of
early-stage Brazilian companies through seed financing
produces an impact on the growth and organization of
these companies.

Project Detail

Country

Brazil

Project Number

BR-M1031

Approval Date

November 30, 2005

Project Status

Closed

Project Type

Technical Cooperation

Sector

FINANCIAL MARKETS

Subsector

CAPITAL MARKET DEVELOPMENT

Lending Instrument

Instrumento del Fondo Multilateral de Inversiones

Lending Instrument Code

MIF

Modality

-

Facility Type

-

Environmental Classification

-

Total Cost

USD 60,000.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 60,000.00

Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
ATN/ME-9540-BR Non-Sovereign Guaranteed USD - United States Dollar Multilateral Investment Fund II (MIF) - Nonreimbursable
Operation Number ATN/ME-9540-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-1340929986-4
Eligibility Memorandum
Elegibility memorandum for MIF project BR-M1031 - ATN_ME-9540-BR [1809273].PDF
Dec. 31, 1999
English
Preparation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-1340929986-3
Project Abstract
Project Abstract for MIF project BR-M1031 - ATN_ME-9540-BR [1792023].PDF
Dec. 31, 1999
English

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