FIPAC Investment Growth Fund for Brazilian Tecnology-Based SMES
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 VC produces an impact on the growth and organization of these companies. The purpose of the project consists of the creation of a VC Fund which will provide equity and quasi-equity financing, financial and technical advisory, and value-added governance to 10-15 SMEs with potential to consolidate and exit via strategic sales or the Bovespa Mais.

Project Detail

Country

Brazil

Project Number

BR-M1038

Approval Date

July 19, 2006

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 100,000.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 100,000.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
ATN/ME-9926-BR Non-Sovereign Guaranteed USD - United States Dollar Multilateral Investment Fund II (MIF) - Nonreimbursable
Operation Number ATN/ME-9926-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