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Multilateral Investment Fund (MIF)

183 bytes added, 05:05, 29 December 2012

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{{Financebox |name =Multilateral Investment Fund (MIF)- Inter-American Development Bank |logo = |headquarters =IDB HeadquartersMultilateral Investment Fund <br>Inter-American Development Bank <br>

1300 New York Avenue, N.W.

Washington, D.C. 20577, USA  |contact =TelephonePhone: (+1 202) 942-8211<br>Fax: (+1 202) 942-8100<br>e-mailEmail: [email protected] <br>International offices, contact info: [http://www5.iadb.org/mif/AboutUs/ContactUs/tabid/419/language/en-US/Default.aspx link] |website = [http://www.iadb.org/mif link]|financedby =Inter-American Development Bank  |aim =To promote broad-based economic growth through private sector development, particularly microenterprises and small businesses. |moreinfo =  |target_org=Micro and small businesses |target_projects=MIF resources go towards projects falling under three main categories: * Business Framework * Enterprise Development * Financial Democracy

aim |target_countries=to promote broad-based economic growth through private sector development, particularly microenterprises Latin America and small businesses |moreinfo = |the Caribbean

target_org=Micro and small businesses |target_projects=MIF resources go towards projects falling under three main categories: Business Framework Enterprise Development Financial Democracy |target_stadia= |target_countries=Latin America and the Caribbean\ |target_criteria=projects characteristics: * Innovation: Projects should be fresh, introducing new approaches to promote private sector development and poverty reduction. * Demonstration Effect: Projects should have the potential of being taken to scale, or replicated in other sectors and/or countries. * Sustainability: Projects should have a feasible plan and strong potential for financial sustainability once MIF financing comes to an end. * Partnership: Projects are carried out with local partners, which are responsible for contributing between 30 to 50% of project costs. * Additionality: Projects must show that MIF financing is essential to their execution and is the most appropriate funding source. |

|finance_mech =Grants and investments |finance_budget=US$2.2 billion |finance_minimum= |finance_maximum= |finance_period=On-going |

|proc_application=After making sure that the idea fits with MIF priorities, visit the Financing Opportunities section for more details. Soon, an online application form will be available to submit project ideas. |proc_selection = |

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