Environmental Ngo Enterprise Development

closed

The $10 million EcoEnterprises Fund offers venture capital to environmentally and socially responsible businesses in Latin America and the Caribbean. The EcoEnterprises Fund includes a $6.5 million investment fund that provides venture capital to profitable businesses involved in sustainable agriculture (including organic, apiculture and aquaculture), non-timber forest products, sustainable forestry and ecotourism. It also includes limited technical assistance funds to provide business advisory services to prospective projects.By 2010, the Fund will invest in approximately 20 small- to medium-scale ventures that: (a) Employ sound environmental practices in their operations;(b) Provide financial benefits to the community and local environmental organizations; and (c) Meet rigorous environmental, social and financial criteria.