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Dominica Agricultural Industrial Development Bank
P.O. Box 215
Cnr. Charles Avenue and Rawles Lane, Commonwealth of Dominica.
Telephone: 767-448-2853
Facsmile: 767-448-4903
E-mail: aidbank@cwdom.dm
E-mail #2: cs@aidbank.com

Venture Capital

Venture Capital at the AID Bank

Venture Capital is equity or Quasi-equity such as perference shares, bonds and other instruments considered appropriate for the individual enterprise. Investments will be made in a project which has the potential to generate sufficiently high returns to compensate for the risk taken. The main objective is to provide financing with a minimum value value of EC $150,000 to businesses.

A new way to raise equity without losing ownership of your business is through Venture capital. Venture Capital is equity of quasi-equity such as Ordinary shares, Preference shares, Cumulative Redeemable Preference shares, bonds and other instruments considered appropriate for the individual enterprise.

The main objective of the Bank's Venture Capital Fund is to provide the required equity to business. The main beneficiaries will be private sector entrepreneurs seeking to establish new enterprises and those wishing to expand their activities.

Investments will be made in projects, which have the potential to generate sufficiently high returns to compensate for the risk taken.

Businesses desirous in accessing such funds should be incorporated and are required to produce annual audited financial statements.