http://sociableblog.disqus.com/Social Media News BlogenTue, 19 Aug 2008 07:49:06 -0000http://www.sociableblog.com/2008/08/08/venture-capital-spurring-innovation-and-growth/#comment-3590500<p>The IGNIA Social Investment Fund is a venture capital fund planning to invest around USD 75m in 8-12 Latin American and Caribbean companies that serve individuals making under USD 300 per month. The funds will include the USD 25m loan from the IDB and up to USD 75m in equity, which includes the IDB USD 5m equity investment.</p><p>The fund will invest in the fields of health care, education, housing and basic utility services. IGNIA plans to exit within twelve years. The new fund is not listed on MIX Market, the Microfinance Information eXchange.</p>Greg CaseyTue, 19 Aug 2008 07:49:06 -0000http://www.sociableblog.com/2008/08/08/venture-capital-spurring-innovation-and-growth/#comment-3590501<p>Venture Capital allows you to "cash" part of your business. This means that you sell part of your equity and control over your business in exalert for cash. Note that venture capital may open doors for business expansions as it introduces not only capital nonetheless additional help in business finance management.</p>Benedict YossarianTue, 19 Aug 2008 07:45:58 -0000