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A. How to
Access Our SMEEIS Funds
To access our SMEEIS fund, your business must be located in the
Federal Republic of Nigeria.
Your requirement shall not exceed N200 million.
Your net assets (excluding land), shall not exceed N500 million.
B. How to Access WAVF
Funds
To access the WAVF, your business
must be located in either Liberia or Sierra Leone
Your requirement shall not be less than US$100,000 and not exceed
US$500,000
There must be a clear cut line
of business with proven business model and clear key drivers
that drive a clear commercial
advantage.
If you meet the above requirements, you will be expected to:
Complete an application form.
Submit a business plan (or proposal) detailing the service you wish
to offer, your strategy for making it a success
and a detailed financial plan
including the amount of financing required.
UVC/WAVF Investment Consideration include:
A clear cut line of business
A value proposition
Show clear understanding of your industry structure
Regulations/Government policy
Know your customers
Suppliers
Substitutes/Competition
And the intensity of the competition
.....Know the key drivers/ basis of competitive advantage
Show an achievable Revenue model
Show UVC/WAVF, reason(s) for doing the deal.
UVC/WAVF INVESTMENT PROCESS
Screening
All applications are registered and assigned to an Investment
officer with relevant expertise in the required field.
Appraisal
We seek Returns on investment commensurate with risk. Applications
that meet our initial screening criteria are processed further at
this stage. Typically, appraisal activities include meetings with
promoters; information gathering, investment analysis and a go /
no-go decision by the executive investment committee.
Due Diligence
At this stage, detailed pre-investment due diligence is carried out.
Board Investment Committee presentations are made and a decision to
invest is reached.
Disbursement
If a Board Investment Committee approval is obtained, a Letter of
Intent shall be issued. All other legal and financial documents must
be finalised and financing options agreed on before disbursement.
Monitoring
Our driving philosophy is to partner with our clients. Typically,
this would entail at the minimum, a board position and where
required, management advisory services.
Exit
We prefer investment opportunities that offer a three-to-five-year
exit window. |
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