Important Venture Capital Information at The AID Bank
Eligible Applicants
The main benificiaries will be private sector entrepreneurs seekingto establish new enterprises and those wishing to expand their activities.
Types of Investments
- Tourism
- Agro-processing
- Agriculture
- Fisheries
- Manufacturing
- Services
Appraisal Criteria
The viability of a project will be determined through an assessment of:- Management Capacity
- Market Potential
- Financial viability
- Employment creation
- In addition to its normal debt financing, the Bank will contribute a maximum of 40% of the equity and quasi equity invested in a project.
- The Bank will seek divestment after a period of 5-7 years. Shareholders will be allowed to buy out the Bank's investment at anytime and the will be given priority at the time of divestment.
Businesses desirous in accessing such funds should be incorporated and are required to produce annual audited financial statements.