This investment has the objective of supporting the first regional agtech-focused fund ("Agventures Regional Fund"), to be managed by SP Ventures, an experienced agtech-focused venture capital fund manager. By establishing the fund, the project will provide smart capital to up to 30 agtech startups, which will ultimately address key inclusion, sustainability and development constraints for small and medium-sized farms and rural communities throughout LAC.
|Private Actor 1||Private Actor 1 Role||Private Actor 1 Sector||Relation||Private Actor 2||Private Actor 2 Role||Private Actor 2 Sector|
|Agventures Regional Fund||Subsidiary||Finance||owns||SP Ventures Gestora de Recursos Ltda||Parent Company||Finance|
|Inter-American Development Bank (IDB)||Buyer||Finance||contracts with||Agventures Regional Fund||Client||Finance|
ACCOUNTABILITY MECHANISM OF IADB
The Independent Consultation and Investigation Mechanism (MICI) is the independent complaint mechanism and fact-finding body for people who have been or are likely to be adversely affected by an Inter-American Development Bank (IDB) or Inter-American Investment Corporation (IIC)-funded project. If you submit a complaint to MICI, they may assist you in addressing the problems you raised through a dispute-resolution process with those implementing the project and/or through an investigation to assess whether the IDB or IIC is following its own policies for preventing or mitigating harm to people or the environment. You can submit a complaint by sending an email to MICI@iadb.org. You can learn more about the MICI and how to file a complaint at http://www.iadb.org/en/mici/mici,1752.html (in English) or http://www.iadb.org/es/mici/mici,1752.html (Spanish).