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Agtech for inclusion and sustainability: SP Ventures' Regional Fund (Agventures II)
Start Date:
13/01/2022
End Date:
30/11/2026
Description
Regional project using a venture capital fund to consolidate and scale innovative early-stage AgTech companies in Latin America, supporting productivity, market-access, and environmental solutions for agriculture, with particular attention to SMEs and small and medium-sized farmers.
Iniciative Type
Action scope
Multicountry
Evaluated
No
Stage
Implementation- Ongoing
Temporalidad
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
- Agri-food digitilation
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 |
|---|---|
| GEF: Global Environment Facility | Execution and operation |
| IDB: Inter-American Development Bank | Technical assistance |
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