Venture capital for low-income markets in Latin America and the Caribbean

http://idbdocs.iadb.org/wsdocs/getdocument.aspx?docnum=1897280
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Investing in housing, healthcare, education, basic utilities and nutrition can not only fulfill a social mission, but it can also be a profitable business venture.

This is the concept of IGNIA Fund, which will channel venture capital resources to fund commercially viable growth companies serving low-income, underserved markets, i.e. those persons in Latin America and the Caribbean earning less than $3,260 a year.

The IGNIA Fund selects projects with the potential to be expanded on a larger scale, thereby increasing the social and economic impact.

Source:

http://www.iadb.org/en/topics/opportunities-for-the-majority/venture-capital-for-low-income-markets,2569.html

Further information

Categorisations

Partnership types

Doing business with the poor

Regions / countries / territories

Americas: 53 countries (show)

Global issues

Community development; Job creation and enterprise development; Financial accessibility...show all (5)

Business sectors

Accounting and management services; Community and social services; Finance; Retail trade