SOVEC Fund

Social Venture Capital Foundation
Location: SOVEC Management BV

Krijn Taconiskade 418
1087 HW Amsterdam
The Netherlands

Contact: Phone: +31 020 673 2818

Fax: +31 020 662 1779
Email: [email protected]

Financed by: Private individuals, partner funds
Website: link
Finance
Finance mechanism: Equity, Debt, Mix
Budget:
Funding range:
Minimum: €50.000
Maximum: €500,000
Minimum return on investment: 20%
Period / deadlines:


Aim — To alleviate poverty in developing countries by providing Venture Capital to entrepreneurs in Africa, who can herewith build their businesses, create job opportunities, provide income and really emancipate people.

More information — SOVEC will invest in SME’s with a certain track record, that are able to function as a profitable, stand alone business, that stimulate the regional economy and create employment. The SME will be headed by local entrepreneurs who combine a successful business attitude with a sound social conscience. SOVEC will not invest in “start-ups” or in companies with activities or products that have a negative environmental or social impact or are otherwise considered non-sustainable.

Sectors


Who can apply


Type of organisations targeted


Specific organisations targeted — SME

Type of projects


Specific type of projects


Project stadia


Target world region


Specific information on target countries — main focus on Ghana

Criteria — Environmental, Social

How to apply


Application procedure


Selection procedure