Velum Early Stage Fund I
The project will provide an equity investment of USD 4 M in Velum Seed Fund I and a technical assistance (TA) of USD 395,000. The Fund will make equity investments and provide value added advice and hands-on management to technology start-ups in Colombia. The project will support the local entrepreneurial ecosystem and stimulate the creation of skilled employment.

Project Detail

Country

Colombia

Project Number

CO-M1093

Approval Date

October 23, 2013

Project Status

Closed

Project Type

Technical Cooperation

Sector

PRIVATE FIRMS AND SME DEVELOPMENT

Subsector

SMALL AND MEDIUM ENTERPRISE

Lending Instrument

Instrumento del Fondo Multilateral de Inversiones

Lending Instrument Code

MIF

Modality

-

Facility Type

-

Environmental Classification

Uncategorized Directive B.13

Total Cost

USD 455,000.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 455,000.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
ATN/ME-14076-CO Non-Sovereign Guaranteed USD - United States Dollar Multilateral Investment Fund II (MIF) - Nonreimbursable
Operation Number ATN/ME-14076-CO
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Multilateral Investment Fund II (MIF) -
  • Financial Instrument: Nonreimbursable

Can’t find a document? Request information

 Implementation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-1983553961-31852
Agree-Mif Equity
Velum Early Stage Fund I [38116629].PDF
Jan. 21, 2015
English
https://www.iadb.org/document.cfm?id=EZSHARE-1983553961-31853
Agree-Mif Equity
Velum Early Stage Fund I [38116665].PDF
Jan. 21, 2015
Spanish
https://www.iadb.org/document.cfm?id=EZSHARE-664143929-4
TC Document
CO-M1093 - Resumen del proyecto.pdf
Nov. 22, 2018
Spanish

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