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LAVCA | The Association for Private Capital Investment in Latin America

A non-profit member organization

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MIF Approves US$500K Grant To LAVCA To Develop LAC VC/PE Industry

January 30, 2007

January 30, 2007 – The Inter-American Development Bank’s Multilateral Investment Fund announced today the approval of a US$500,000 financing to strengthen the venture capital industry in Latin America and the Caribbean.

The operation, which will be carried out through the Latin American Venture Capital Association (LAVCA) will promote greater participation from international and local investors in the allocation of resources to the region.

“LAVCA will coordinate with local venture capital associations to foster development and competitiveness of small and medium-sized enterprises in the region,” said MIF Team Leader Susana García-Robles. “Programs to be supported will include research, dissemination of best practices, networking and advocacy to both investors and policymakers.”

The project has a regional focus, but will target in particular Argentina, Brazil, Chile, Colombia, Costa Rica, Ecuador, El Salvador, Mexico, Peru, Trinidad and Tobago and Uruguay, countries with a basic minimum level venture capital development. “Fund managers, investors, entrepreneurs and small and medium-sized enterprises will be the beneficiaries of a more developed regional venture capital industry,” said García-Robles.

“Due to the nascent stage of the industry in the region, it is difficult for private funding alone to support the growth of strong local associations, making public sector support essential at this time, ” added García-Robles. “Associations were formed in Brazil and Mexico, and MIF supported programs related to the development of capital markets in Peru and Colombia, currently helping to create national associations in those countries. Additional national associations are underway in Argentina, Chile and the Caribbean.”

The Latin American Venture Capital Association (LAVCA) was created in 2002 by venture capital funds active in Latin America and the Caribbean to foster a venture capital industry in the region.

The Multilateral Investment Fund (MIF) is an autonomous fund, administered by the IDB, that provides grants, investments and loans to promote private sector growth, labor force training and small enterprise modernization in Latin America and the Caribbean.

Financing for this operation comes from MIF’s Small Enterprise Development Facility.

LAVCA counterpart funds will total US$250,000. Additionally, the Andean Development Corporation or Corporacion Andina de Fomento will provide US$250,000 to the program.

Fondo del BID aprueba donación de US$500.000 para promover el desarrollo de la industria de capital de riesgo en América Latina y el Caribe
Operación a través de la Asociación Latinoamericana de Capital de Riesgo

30 de enero de 2007 – El Fondo Multilateral de Inversiones del Banco Interamericano de Desarrollo anunció hoy la aprobación de financiamiento por US$500.000 para fortalecer la industria de capital de riesgo en América Latina y el Caribe.

La operación, que se llevará a cabo por medio de la Asociación Latinoamericana de Capital de Riesgo (LAVCA) promoverá una mayor participación de los inversores locales e internacionales en la asignación de recursos a la región.

“LAVCA se coordinará con las asociaciones locales de capital de riesgo para fomentar el desarrollo y la competitividad de las pequeñas y medianas empresas de la región”, afirmó la jefa de proyecto del FOMIN, Susana García-Robles. “Los programas que recibirán apoyo incluirán investigación, diseminación de las mejores prácticas, trabajo en redes y un esfuerzo de promoción entre inversores y responsables de políticas”.

El proyecto, que tiene un enfoque regional, se centrará en particular en Argentina, Brasil, Chile, Colombia, Costa Rica, Ecuador, El Salvador, México, Perú, Trinidad y Tobago y Uruguay, países con un nivel mínimo básico de desarrollo de capital de riesgo. “Los gerentes del fondo, inversores, empresarios y empresas de tamaño pequeño y mediano serán los beneficiarios de una industria regional de capital de riesgo más desarrollada”, aseguró García-Robles.

“A causa del carácter incipiente de la industria en la región, es difícil que la inversión privada por sí sola pueda apoyar el crecimiento de asociaciones locales fuertes, y es esencial conseguir en este momento el apoyo del sector público”, añadió García-Robles, “Se crearon asociaciones en Brasil y México y los programas del FOMIN relacionados con el desarrollo de mercados de capital en Perú y Colombia están ayudando hoy a crear asociaciones nacionales en estos dos países. También se ha iniciado el proceso de creación de asociaciones en Argentina, Chile y el Caribe”.

La Asociación Latinoamericana de Capital de Riesgo (LAVCA) fue creada en 2002 con fondos de capital de riesgo activos en América Latina y el Caribe para la promoción de la industria del capital de riesgo en la región.

El Fondo Multilateral de Inversiones (FOMIN) es un fondo autónomo, administrado por el BID, que ofrece donaciones, inversiones y préstamos para promover el crecimiento del sector privado, la capacitación de la fuerza laboral y la modernización de la pequeña empresa en América Latina y el Caribe.

La financiación de esta operación proviene de la Facilidad para el Desarrollo de la Pequeña Empresa del FOMIN. Los fondos de contrapartida de LAVCA ascenderán a US$250.000. Por otra parte, la Corporación Andina de Fomento aportará US$250.000 al programa.

Fundo do BID aprova doação de US$500.000 para promover o desenvolvimento da indústria de capital de risco na América Latina e no Caribe
Operação se fará por meio da Associação Latino-Americana de Capital de Risco

30 de janeiro de 2007 – O Fundo Multilateral de Investimentos do Banco Interamericano de Desenvolvimento anunciou hoje a aprovação de um financiamento de US$500.000 para fortalecer a indústria de capital de risco na América Latina e no Caribe.

A operação, que será levada a cabo por meio da Associação Latino-Americana de Capital de Risco (LAVCA), promoverá uma maior participação dos investidores locais e internacionais na alocação de recursos para a região.

“A LAVCA coordenar-se-á com as associações locais de capital de risco para fomentar o desenvolvimento e a competitividade das pequenas e médias empresas da região”, afirmou a chefe da equipe do projeto do Fumin, Susana García-Robles. “Os programas que receberão apoio incluirão pesquisa, disseminação de melhores práticas, formação de redes de contatos e um esforço de promoção entre investidores e responsáveis pelas políticas.”

O projeto tem um enfoque regional, mas se concentrará particularmente na Argentina, Brasil, Chile, Colômbia, Costa Rica, El Salvador, Equador, México, Peru, Trinidad e Tobago e Uruguai, países com un nível mínimo básico de desenvolvimento do capital de risco. “Gerentes de fundos, investidores, empresários e empresas de pequeno e médio porte serão os beneficiários de uma indústria regional de capital de risco mais desenvolvida”, assegurou García-Robles.

“Devido ao caráter incipiente da indústria na região, é difícil que o investimento privado por si só possa apoiar o crescimento de associações locais fortes, e é essencial conseguir neste momento o apoio do setor público”, disse García-Robles. “Foram criadas associações no Brasil e no México, e o Fumin apoiou programas relacionados ao desenvolvimento de mercados de capital no Peru e na Colômbia, ajudando hoje a criar associações nacionais nesses dois países. Deu-se início também à criação de associações na Argentina, no Chile e no Caribe.”

A Associação Latino-Americana de Capital de Risco (LAVCA) foi criada en 2002 com fundos de capital de risco ativos na América Latina e no Caribe para promover essa indústria na região.

O Fundo Multilateral de Investimentos (Fumin) é um fundo autônomo, administrado pelo BID, que oferece doações, investimentos e empréstimos para promover o crescimento do setor privado, a capacitação da força de trabalho e a modernização da pequena empresa na América Latina e no Caribe.

O financiamento desta operação provém do Mecanismo de Desenvolvimento da Pequena Empresa do Fumin. Os fundos de contrapartida da LAVCA totalizarão US$250.000. Por outro lado, a Corporação Andina de Fomento proporcionará US$250.000 para o programa.

MIF Approves US$500K Grant To LAVCA To Develop LAC VC/PE Industry was last modified: July 6th, 2016 by
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