Investment Fund for Competitive Technology-Based Companies CRP Venture
The establishment of this Fund is expected to further three key MIF objectives: 1) to fund a vehicle which will provide equity and convertible debt financing, financial and technical advisory, and value-added governance to approximately 20 Brazilian technology-based SMEs; 2) to increase competitiveness and innovation among technology-based SMEs, and generate employment; and, 3) to further the development of the venture capital industry in Brazil, providing examples of how the financing of early-stage Brazilian companies through VC produces an impact on the growth and organization of these companies.

Project Detail

Country

Brazil

Project Number

BR-Q0001

Approval Date

September 22, 2004

Project Status

Closed

Project Type

Equity

Sector

FINANCIAL MARKETS

Subsector

FINANCIAL MARKETS

Lending Instrument

Instrumento del Fondo Multilateral de Inversiones

Lending Instrument Code

MIF

Modality

-

Facility Type

-

Environmental Classification

-

Total Cost

USD 11,000,000.00

Country Counterpart Financing

USD 7,300,000.00

Original Amount Approved

USD 3,700,000.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
EQU/MS-8865-BR Non-Sovereign Guaranteed USD - United States Dollar MIF-Small Enterprise Investment Fund Equity Financing
Operation Number EQU/MS-8865-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