With positive momentum on side, government bodies are hoping to tap the new investor pools and develop funds that can drive the small and medium-sized enterprise market forward. Nafinsa, one of Mexico’s development banks, raised a venture capital fund five years ago.
Adriana Tortajada, fund manager of Nafinsa’s fund, tells of her surprise when they first launched: “We had the fund set up and all the money there. We sent out notices telling people to apply and sat back waiting for the flood of applications.
Access this research
Enter your work email address to sign in or check whether your organisation already has access to Euromoney.
