SOVEC Fund

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Revision as of 18:00, 8 July 2010 by Marktielewestra (talk | contribs) (New page: {{Financebox | name = SOVEC Fund| logo = | headquarters = Social Venture Capital Foundation| contact = | website = [http://www.sovec.nl link]| financedby = | aim = To alleviate poverty in...)

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SOVEC Fund
Location: Social Venture Capital Foundation
Contact:
Financed by:
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 — Many

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