the Fund activity
The Fund activity
is based on ideas of transparent and sustainable conditions
creation for investment process in Ukraine, forming mutual
responsibility of all parties within implementation of
Municipal Investment Programs (MIP), promotion regional
collaboration and cooperation between small and medium
Fund objectives are:
economic and social development of regions through small and
medium business development;
capacity of regions and conditions creation for poverty
alleviation by investment activity realization that based
on joint responsibility and collaboration between local
entrepreneurs and local authorities;
attractions for regions development through small business
growth, assistance to local governments in implementation
of our regional development "Break through model".
The Fund is
authorized for financing organization for investment projects.
The projects have to be oriented on solving specific
settlement problems indicated in Municipal Investment Program for
2003-2010 years. The Fund collects such projects into
Branch investment Programs and organize its financing in line with
current priorities of Fund investors.
organizes financing not for separated businesses but for
We do not
finance projects, concerned with weapon, drugs, alcohol
production or sale. The Fund does not provide support for
the following areas: providing grants, awarding a bursary,
technical assistance, culture and research programs
because of limited finance resources.
The Fund does not grant finances for general support of enterprises activities but invests implementation of
specific investment projects included in MIPs for 2003 - 2010 years. The
Fund provides training and consulting support for MIPs working
up with commerce enterprises business plans implicated. .
organizes investment capital for it's members only.