I am not an agent or connected to this entity. The info supplied beneath is independent as based on my study and encounter. While I have taken measures to make sure the accuracy of the information presented right here, there can be no guarantee that it will stay accurate.
Fund’s target client: “Late commence-ups” or “early to mid stage” businesses.
Sector focus: Modest and Medium Sized Enterprises (SMEs) in different sectors with a concentrate on IT/telecommunications, Healthcare and Customer Goods.
Amounts supplied: EUR 250,000 to EUR 3m.
Funding sort: Venture capital (Implies, rather than delivering a loan, the fund takes a % of shares in the target firm)
Potential to be a leading player in its field
Profitable in a sizeable/increasing market place over 5-7 years (exit period for fund)
Skilled and committed entrepreneurs backed by sturdy management
comply with ethical norms, have a great environmental policy and labor circumstances
Will allow board seat for the fund as effectively as their involvement in management.
Search online for the fund details or contact Tel: +254 ()20 2019374
Who is behind the fund?
Personal investors and development finance institutions based mostly in Europe. The fund is managed by TBL Invest LTD, based in Nairobi and has a representative in Uganda.
What is the application method like?
1. Submit organization strategy.Make sure it meets their essential criteria
2. Introductory meeting(s). If the fund likes the strategy, the investor will meet the fund group
3. Term sheet. A Document spelling out the basic terms and circumstances and
4. Due diligence.This signifies the fund “verifies” the info presented in the strategy.
What are my view/guidelines for achievement in accessing the capital?
1. Team:Venture capital funds like TBL back “late begin-ups” with a track record. Their important indicator is a great group with solid experience. If you have no internal capacity, have a skilled join you.
2. Disruptive technique. They are seeking for a enterprise that can speedily turn into number 1 or 2 in their respective area. It implies possessing a strategy to directly take on current marketplace leaders. The plan demands to clearly show how this will be attained.
3. Ethical model. Some of the fund’s essential backers are based in the Netherlands and this is the norm. Your strategy ought to reflect these ideas.
While I provide the above suggestions, you ought to be conscious that some fundamental key details applies to all applications. This consists of aspects like the strategy like an executive summary, containing no errors, becoming in an easy to read format and the like.
Otherwise, greatest of luck.