€ 0
Support from Swiss Investment Fund for Emerging Markets (SIFEM)
http://www.sifem.ch/about-us/how-to-apply/
Overview
| Donor: | Swiss Investment Fund for Emerging Markets (SIFEM) |
| Application procedure: | Concept Note |
| Donor base: | Switzerland |
| Reference number: | - |
| Eligible applicants: | Social Business |
| Deadline: | ongoing |
Financial details
| Grant size: | Small - up to $100,000 |
| Minimum grant size: | - |
| Total available budget: | - |
| Funding type: | Equity, Loans, Other |
| Maximum grant size: | - |
| Funding ratio: | up to 100% |
Sectors
- Economic Development
- Social Inclusion
Project Locations
Africa
Benin, Burkina Faso, Burundi, Chad, Democratic Republic of the Congo, Egypt, Ethiopia, Ghana, Kenya, Lesotho, Malawi, Mali, Morocco, Mozambique, Niger, Rwanda, South Africa, Tanzania, Tunisia, Zambia, Zimbabwe
America
Bolivia, Colombia, Cuba, Haiti, Honduras, Nicaragua, Peru
Asia
Afghanistan, Bangladesh, Cambodia, China, India, Indonesia, Kazakhstan, Kyrgyzstan, Laos, Mongolia, Myanmar, Nepal, Tajikistan, Uzbekistan, Vietnam
Europe
Albania, Armenia, Bosnia and Herzegovina, Georgia, Kosovo, Moldova, North Macedonia, Serbia, Ukraine
Description
1) Objective
The Swiss Investment Fund for Emerging Markets is the development finance institution of the Swiss Confederation. SIFEM promotes long-term, sustainable and broad-based economic growth in developing and emerging countries by providing financial support to commercially viable small, medium and fast-growing enterprises (SMEs) which in turn helps to create secure and permanent jobs and reduce poverty.
SIFEM shall be an acknowledged, highly effective and efficient instrument of Switzerland’s economic development cooperation and serve to promote long-term, sustainable and broad-based growth in developing and emerging countries; it is tasked with helping such countries become integrated in the global economic system. SIFEM will provide financing which is either unavailable on the market or not available at reasonable terms and conditions, or in sufficient amounts or maturity.
2) Eligibility
Social business organisations are eligible to apply.
3) Location
Priority countries are: Egypt, Morocco, Tunisia, Occupied Palestinian Territories
Benin, Burkina Faso, Burundi, Chad, DRC, Ethiopia, Ghana, Kenya, Lesotho, Malawi, Mali, Mozambique, Niger, Rwanda, South Africa,
Swaziland, Tanzania, Zambia, Zimbabwe
Afghanistan, Bangladesh, Cambodia, Kazakhstan, Kyrgyzstan, Indonesia, Laos, Mongolia, Myanmar, Nepal, Tajikistan, Uzbekistan, Vietnam
Bolivia, Colombia, Cuba, Haiti, Honduras, Nicaragua, Perú
Albania, Armenia, Azerbaijan, Bosnia & Herzegovina, Georgia, Kosovo, Moldova, Macedonia, Serbia, Ukraine
4) Budget
Its financial service portfolio includes direct investments, loans and private equity funding in more than 70 countries in emerging markets worldwide (eligible for funding are countries whose GNI per capita is below $7,175 per capita as of 2015). The Fund’s active portfolio includes almost 500 companies (direct investments, loans and underlying portfolio companies of funds) with a total investment value of around $700 million.
5) Application
The financing is managed by Obviam, SIFEM’s management company. Interested entrepreneurs should read the Fund’s investment policies and check whether their proposal meets the criteria. Applicants should fill in the concept note form which can be downloaded from the Fund’s website and send it by email to info(a)obviam.ch.