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16:00, 8 July 2010 {{Financebox |
name = SOVEC Fund|
logo = |
headquarters = Social Venture Capital Foundation|
contact = |
website = [http://www.sovec.nl link]|
financedby = |
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|
moreinfo =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. |
sector = Many|
target_org=SME |
target_projects= |
target_stadia= |
target_region= Africa|
target_countries=main focus on Ghana |
target_criteria= Environmental, Social|
finance_mech =Equity, Debt, Mix |
finance_budget= |
finance_minimum=€50.000 |
finance_maximum=€500,000 |
finance_investment=20%|
finance_period= |
proc_application= |
proc_selection = |
}}