SEED
AND VENTURE CAPITAL

The challenge of funding constraints

It has been demonstrated that small, young, and high-growth businesses - also known as “dynamic businesses” - contribute significantly to economic growth, job creation and technological development, and thereby improve people’s lives. However, many of those businesses face substantial challenges to growth due to a lack of access to long-term financing, limited industry knowledge, informality, and little professionalization. Seed and venture capital funds specialize in providing financial resources and industry expertise to address the growth needs of high-impact businesses. Nonetheless, the few seed and venture capital funds in the region are able to cover only a small proportion of the current financing needs of dynamic businesses in Latin America and the Caribbean.

Find out more about our work with early stage entrepreneurs here

Objective

The MIF promotes local capacity-building and spreads out investment risks with other partners in the region, demonstrating that financial sustainability and positive social and environmental impact can be mutually attainable.

Focus

To achieve this goal, the MIF is executing projects and initiatives in the following areas:

  • Fund of funds. We act as a fund of funds by investing in seed and venture capital funds which offer financing to early stage enterprises. We do not finance individual businesses directly.
  • Building expertise. We promote the capabilities of new and existing seed and venture capital funds, as well as key institutions such as angel networks, venture capital organizations, and capital markets.
  • Public initiatives. We provide technical support and advice to governments pursuing reforms aimed at improving the operating environment of the venture capital ecosystem.
  • Visibility. We promote expansion of seed and venture capital ecosystems, with special emphasis on attracting investors through knowledge dissemination and mobilization of key actors.
  • Women. We support the empowerment of women entrepreneurs and early stage business owners, particularly by addressing capital needs.

Results

  • 17 years investing in the region
  • More than US$323 mm committed
  • More than 350 beneficiary businesses
  • 52 active funds
  • Participation in more than 65 funds
  • Investment in 4-5 new funds every year
  • More 50 events organized
  • 7x Mobilization: For every US$ 1 invested in a fund, up to US$ 7 matched by third parties.

Are you looking for financing? Read our eligibility criteria here.

MIF EVENTS

4th Workshop-Seminar for Professionals of the  Entrepreneurial  Ecosystem in LA 
PRODEM/Multilateral Investment Fund 
May 19- 23, 2014. Dominican Republic.

MIF Fund Managers Meeting 
Multilateral Investment Funds  
September 18, 2014, New York USA

WeXchange: Latin American and Caribbean Forum for Women Entrepreneurs 
Multilateral Investment Fund
December 11-12, 2014. Miami, USA


OTHER EVENTS

Angel Capital Association Summit
Angel Capital Association (ACA)
March 26-28, 2014. Washington D.C., USA 

ABVCap Conference 
ABV CAP
April 14-15, 2014. Río de Janiero, Brazil 

Fórum brasileiro de finanças sociais e negócios de impacto
VOX Capital/ ICE/ Artemisia
May 6-7, 2014. Sao Paulo, Brazil

NXTP Demo Day
NXTPLabs
June 5, 2014.  Buenos Aires, Argentina

NXTP Mentor´s Day
NXTPLabs
September 7, 2014. Buenos Aires, Argentina

LatAm invades Silicon Valley
NXTPLabs
September, 2014. California, USA

LP/GP Professional Development Program
LAVCA
November 11, 2014.  Colombia

WeXchange

    

WeXchange is the first ever Latin American and Caribbean regional forum for women entrepreneurs who are seeking early stage financing. It was established by the Multilateral Investment Fund (MIF) of the Inter-American Development Bank, in collaboration with NXTP Labs and Ellas2.

The first WeXchange was held in Miami, Florida, USA from December 11-12, 2013 at The LAB Miami and the Miami Dade College’s Wolfson Campus, and brought together female entrepreneurs, investors, and mentors from Latin America, the Caribbean, the United States, and Europe. Read our report: The First Latin American and Caribbean Forum for Women Entrepreneurs 

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MIF FUND MANAGERS MEETING

2013 Meeting:

2012 Meeting: 

Venture Capital’s record as a source of capital for small and medium-sized enterprises has inspired the creation of a number of funds in emerging markets - in particular, those in Latin America. Read about the key issues and learnings discussed at the MIF's annual day-long conference in September 2012 for its fund managers in the region. 

Download The Evolving Relationship between LP & GP
Download Lessons Learned from Investors in Latin America and the Caribbean

OUR BLOGS

Not Afraid of Dreaming Big-Not Afraid of Failing Fast
Susana Garcia-Robles, Thursday, August 6, 2015.

Cómo liberar el potencial de los emprendedores
Rebeca Granda Marcos, Tuesday, July 7, 2015.

Let's start up! 10 tips to become an entrepreneur.
CARMEN MOSQUERA, Wednesday, June 3, 2015.

WeXchange, the sequel
Susana Garcia-Robles, Wednesday, December 17, 2014.

WeXchange returns to Miami to promote women’s high-growth entrepreneurship
Susana Garcia-Robles, Thursday, November 20, 2014.