Venture Innovation Fund II
Venture Innovation Fund II will invest in innovative Mexican small and medium sized companies providing healthcare services, financial services and other technology related services. The project will have two components: a MIF equity investment of $4MM, and a technical assistance component of $300,000.00 to finance knowledge products and events, legal costs, etc.

Project Detail

Country

Mexico

Project Number

ME-Q0008

Approval Date

May 21, 2014

Project Status

Implementation

Project Type

Equity

Sector

SCIENCE AND TECHNOLOGY

Subsector

R&D AND INNOVATION FUNDING

Lending Instrument

Instrumento del Fondo Multilateral de Inversiones

Lending Instrument Code

MIF

Modality

-

Facility Type

-

Environmental Classification

-

Total Cost

USD 40,000,000.00

Country Counterpart Financing

USD 36,000,000.00

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-14412-ME Non-Sovereign Guaranteed USD - United States Dollar MIF-Small Enterprise Investment Fund Equity Financing
Operation Number EQU/MS-14412-ME
  • 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

Can’t find a document? Request information

 Implementation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-803477505-5
Approved TC document
ME-Q0008 - ME-M1090 - Project Summary.pdf
Sep. 18, 2018
English
https://www.iadb.org/document.cfm?id=EZSHARE-803477505-6
Approved TC document
ME-Q0008 - ME-M1090 - Resumen del proyecto.pdf
Sep. 18, 2018
Spanish

Have an Environmental or Social issue related to IDB projects? File a Complaint