Maurice
Posted: January 25, 2022

Amount:

No Fixed Amount

Type of Program:

Grant / Loan / Loan guarantees / Equity investments


Description:

FinDev Canada offers financing and equity investments to Canadian companies operating in developing countries that demonstrate sustainable social and economic benefits for local communities, with a focus on job creation, women’s economic empowerment and climate change mitigation.

Comments on Funding:

FinDev Canada offers financial solutions such as debt (loans), equity and guarantees

Loans: Direct medium and long-term, at both fixed and variable interest rates, with a repayment grace period where needed.

Investments: Direct, indirect (funds) or with partners. As an investment partner, we provide stable, long-term capital. We work with companies and fund managers to integrate sustainability in their core operations – building success for the long term.

Guarantees: To ensure access to international markets, we structure our guarantees to meet the specific needs of the borrower, the market and the targeted creditors. 


When It Ends:

Ongoing

Deadline:

Rolling deadline

Eligibility:

The applicant must:

  • be a private sector entity (i.e. not a government entity),
  • Have operations in Latin America, The Caribbean or Sub-Saharan Africa
  • Generates or be projected to generate cash flow that is sufficient in order to be able to repay debt or provide an adequate return on equity
  • Have operations in a FinDev Canada priority sector, i.e. green growth, agribusiness value chain, or financial service
  • Have an impact on economic and social development in the host country through job creation, a contribution to women’s economic empowerment, climate change mitigation or adaptation.

Other Things to Note:

Still active, but provides funding to private-sector entities in Latin America, The Caribbean or Sub-Saharan Africa.

About the author 

Maurice

Maurice (Moe) Muise learned the ins-and-outs of government while an employee of the Government of Canada in Ottawa for 10 years. His current focus is helping small businesses in Ontario to identify and maximize government grants to grow their business.
Click here to learn more about Moe's background and how he can help your business.

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