Northeast Brazil Small Business Fund

closed

The project's general objective is to promote the growth of innovative small enterprises (SEs) by providing access to capital financing, strengthening the business skills of entrepreneurs and modernizing business management practices. Through this operation, the MIF and the BN are seeking to obtain a significant demonstration effect for the development are seeking to obtain a significant demonstration effect for the development of capital financing instruments for small enterprise.The specific objectives are: (i) the establishment of a venture capital fund aimed at innovative and technological small enterprises (SEs) based in the Northeast of Brazil; (ii) the supply of business training courses geared to enterprise growth; and (iii) the introduction of a system to bring the business community and potential investors together for new business initiatives.