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Investment Fund for Brazilian Companies DVC II
The general objective of the project is to further the development of the venture capital industry in Brazil, providing examples of how the financing of the small companies through venture capital funds produces an impact on thegrowth and organization of these companies. The purpose of the project is to support a new venture capital management team and its first Fund, which will provide equity and quasi-equity financing, financial and technical advisory, and value-added governance to 8 to 12 technology-related small and medium-sized enterprises (SMEs).

Project Detail



Project Number


Approval Date

November 17, 2004

Project Status


Project Type






Lending Instrument

Instrumento del Fondo Multilateral de Inversiones

Lending Instrument Code




Facility Type


Environmental Classification


Total Cost

USD 14,800,000.00

Country Counterpart Financing

USD 10,800,000.00

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-8947-BR Non-Sovereign Guaranteed USD - United States Dollar MIF-Small Enterprise Investment Fund Equity Financing
Operation Number EQU/MS-8947-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

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Other Documents
Elegibility memorandum for MIF project BR-M1014 - EQU_MS-8947-BR [1809255].PDF
Published Dec. 31, 1999

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