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Company name

Rock Content

Project number

13915-01

Category C projects are those that are likely to result in very limited or no adverse environmental or social impacts or risks.

E&S category
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C

Country

Regional

Sector

Telecommunications, Media and Technology

Status

Proposed

Disclosed date

04/28/2022

Projected date at which a project will be put forward for the Board of Executive Directors’ approval.

Projected board date
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08/02/2022

Approval date

N/A

Signed date

N/A

Sponsoring entity

EverWrite Inc. (USA) and Rock Content Serviços de Mídia Ltda. (Brazil)

Team leader

Tsuchihashi, Daichi

Investment type

Syndicated amount

USD $ 10,000,000

Financing amount

USD $ 15,000,000

Currency

USD

Project scope and objective

IDB Invest is considering an investment of up to US$15 million in EverWrite Inc. (the “Company”) and its subsidiaries (together with the Company, “Rock Content”). Launched in 2013, Rock Content is a digital content marketing solution provider established and based in Brazil and providing services in four continents and operational companies in four countries. Rock Content hires approximately 400 people, approximately 85 are located in Latin America.

Digital content  marketing is becoming an important tool for the companies worldwide to grow its operations. Rock Content is a unique player as the majority of its workforce is located in Latin America while Rock Content generates approximately 65% of the revenue from the United States and Canada.

The objectives of providing financing to Rock Content is (i) increasing the export of digital services inside Latin America and from Latin America to countries outside the region, (ii) fostering the investment in development of innovative products and services, and (iii) promoting employment in the technology industry.

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Environmental and social review

IDB Invest conducts an environmental and social due diligence (ESDD) commensurate with the nature, scale, and stage of the project, and with its level of environmental and social risks and impacts. The ESDD will confirm the project E&S categorization and assess the project with respect to the client requirements in IDB Invest Environmental and Social Sustainability Policy. The results of the ESDD, including any identified gaps are described in the Environmental and Social Review Summary (ESRS) provided below. For projects approved as of 2016, any gaps with respect to IDB Invest's Environmental and Social Sustainability Policy at the time of the ESDD are addressed in the Environmental and Social Action Plan (ESAP) presented below, to comply with the date mentioned above.

ROCK CONTENT - ENVIRONMENTAL AND SOCIAL REVIEW SUMMARY (ESRS) AND (ESAP)

112.6 Kb

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Contact information

For inquiries, comments and information requests about the project

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Alternatively, you may also use the following contact information:

Client Contact

CONTACT NAME

Renato Badaró Guerra

POSITION

Chief Financial Officer

PHONE NUMBER

+1 437-703-9268

EMAIL

renato.guerra@rockcontent.com

IDB Invest Contact

EMAIL

requestinformation@idbinvest.org

PHONE

+1(202)-566-4566

ADDRESS

1350 New York Ave NW, Washington, DC 20005

COUNTRY OFFICES

IDB Invest Country Offices