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Igniting Nascent Ecosystems: Investment in iThink VC Ignite Fund
The objective of this project is to support and invest in iThink VC Ignite Fund, regional fund with a special focus on supporting and investing in Bolivian and Paraguayan early stage startups. Ignite fund will invest in up to 30 early stage startups in Latin America and the Carribbean with a special focus on igniting the Bolivian and Paraguayan ecosystem.

Project Detail

Country

Regional

Project Number

RG-Q0090

Approval Date

December 16, 2021

Project Status

Implementation

Project Type

Equity

Sector

PRIVATE FIRMS AND SME DEVELOPMENT

Subsector

MICROENTERPRISE DEVELOPMENT

Lending Instrument

Multilateral Investment Fund Instrument

Lending Instrument Code

MIF

Modality

-

Facility Type

-

Environmental Classification

-

Total Cost

USD 20,000,000.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 3,000,000.00

Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
EQU/MS-19121-RG Non-Sovereign Guaranteed USD - United States Dollar MIF-Small Enterprise Investment Fund Equity Financing
Operation Number EQU/MS-19121-RG
  • 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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Implementation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-301356609-4
Donors Memorandum
RG-Q0090 Executive Summary.pdf
Feb. 21, 2022
English
https://www.iadb.org/document.cfm?id=EZSHARE-301356609-5
Donors Memorandum
RG-Q0090 Resumen Ejecutivo.pdf
Feb. 21, 2022
English
Other Documents
https://www.iadb.org/document.cfm?id=EZSHARE-301356609-2
IDEATE 2021-11-12 Public Summary 1084 RG-Q0090.pdf
Nov. 24, 2021

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