Investment Fund and Technical Assistance for Competitive SMEs - EMERGE FUND

closed

The project, through the establishment of the Fund and the Technical Assistance Facility has the goal to promote private investment in Small and Medium sized Enterprises through the Venture Capital industry.Developmental Impact: The project is expected to further three key MIF objectives:- To fund a vehicle which will provide equity and quasiequity financing, financial and technical advisory, andvalue-added governance to approximately 15 SMEs;- To increase competitiveness, innovation, and corporategovernance among these SMEs and generate employment;and- To further the development of the venture capital industrymainly in the target countries, providing examples of howthe financing of the small companies through Venture Capital produces an impact on the growth and organization of these companies.