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Agtech for inclusion and sustainability: SP Ventures'Regional Fund (Agventures II)
Start Date:
12/01/2022
End Date:
30/11/2026
Description
Support the consolidation and scaling up of innovative Agtech early-stage companies (SMEs) that will develop technologies to offer productivity, market, and environmental solutions for the agricultural sector in Latin America especially to the Small and Medium Sized Farmers to generate environmental benefits related to climate change, land degradation, and chemicals and waste.
Iniciative Type
Action scope
Multicountry
Evaluated
No
Stage
Implementation- Ongoing
Temporality
Medium-term
Number of Years
4 - Year -s
Related elements
Sectors:
Thematic Areas:
Beneficiaries:
Instruments:
- Scientific-technological transfer (from the laboratory to the market)
- Access to entrepreneurial financing or seed capital
- Support for the adoption of agricultural technologies (transfering to producers)
- Investment funds
- Entrepreneurial capacity building
- Technology validation
- Business incubation and acceleration
Budget in USD
Budget in USD
$5,450,000.00
Counterpart Budget
$55,000,000.00
Total Budget
$60,450,000.00
Annual Average Budget
$15,112,500.00
| Financing Sources | Financing Types |
|---|---|
| GEF: Global Environment Fund | Global or multilateral funds |
Institutions
| Institutions | Institutions rols |
|---|---|
| IDB: Inter-American Development Bank | Technical assistance |
| SP Ventures Gestora de Recursos Ltda | Execution and operation |