latest news

Our latest press releases and project announcements. 

17 MIF investees among the selected 50 Latin American startups to join the World Economic Forum in Brazil

Feb 27, 2018

The Multilateral Investment Fund, member of the Inter-American Development Bank Group, is pleased to announce that 17 companies that have worked alongside the MIF were selected as 50 of the most outstanding start-ups from Latin America and will be part of the World Economic Forum’s (WEF) annual regional meeting taking place this year in Brazil.

The 2018 WEF will help explore how to strengthen technology-driven start-ups in Latin America and what steps can be taken to overcome some common obstacles faced by entrepreneurs in the region, such as securing funding and expanding across borders to scale up their businesses.

See a list of our investees:

MIF Financed projects:

 

Companies that are part of our venture capital funds:

  • Afluenta - Argentina
  • CargoX - Brazil
  • Contabilizei – Brazil
  • Entrega Creativa (Chazki)- Peru
  • Lab4U - Chile
  • Pago Rural - Uruguay
  • Payjoy - Mexico
  • S4 Holdings - Argentina
  • Technisys - Argentina
  • Tienda Nube - Argentina
  • Zolvers Inc - Argentina

 

Participants of WeXchange, the platform that connects high-growth women entrepreneurs with investors, mentors and key players of the Latin America and Caribbean entrepreneurial ecosystem.

  • Chipsafer - Uruguay
  • Lab4U- Chile
  • Laboratorioa - Peru
  • TecZelt-FazGame -Brazil
  • Zolvers - Argentina

To learn more about these startups please visit the IFC/WEF site here.

 

About the MIF

The Multilateral Investment Fund serves as an IDBG innovation laboratory to promote development through the private sector by identifying, supporting, testing and piloting new solutions to development challenges and seeking to create opportunities for the poor and vulnerable populations in the LAC region. To fulfill its role, the MIF engages and inspires the private sector and works with the public sector when needed.

 

About the IDB

The Inter-American Development Bank is a leading source of long-term financing for economic, social and institutional development in Latin America and the Caribbean. In addition to loans, grants and credit guarantees, the IDB also conducts cutting-edge research to offer innovative and sustainable solutions to the region’s most pressing challenges. Founded in 1959 to help accelerate progress in its developing member countries, the IDB continues to work every day to improve lives.

 

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Announcing: Blue Tech Challenge with up to US$2M in funding for Blue Economy proposals

The IDB through its Multilateral Investment Fund (MIF), Natural Capital Lab, Sustainable Islands Platform, and in alliance with the Compete Caribbean Partnership Facility , which is also supported by DFID, CDB and the Government of Canada, will identify firms and organizations looking to pilot and scale up business models that use cutting edge technologies to contribute to the sustainable management of oceans, marine ecosystems and coastal resources.
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