responsAbility to launch fund for 'base of the pyramid' market
Microfinance Focus, January 17, 2011: Swiss based social investment firm, responsAbility is launching responsAbility Ventures I, a venture capital fund for investing in companies with development impact at the base of global income pyramid.
responsAbility Ventures I holds a portfolio of companies in areas such as energy supply, agriculture and ICT that are relevant in terms of development.
The fund raised 15 million USD at first closing and 2.35 million USD for its related Technical Assistance Facility, and is currently taking subscriptions starting at 250,000 USD from interested qualified investors.
The fund was developed in collaboration with development cooperation Helvetas, the DOEN Foundation in the Netherlands, and is supported by the Swiss State Secretariat for Economic Affairs (SECO), the Swiss Agency for Development and Cooperation (SDC), and the SNV Netherlands Development Organisation.
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CARLOS ANI - SEEDFINANCE Corporation - http://www.seedfinance.net
Email: carlosani@seedfinance.net
Landline: +63495010127 Cellphone: +639152919580
DEVJOBS - http://www.devjobsmail.com
PHILDEVFINANCE - http://phildevfinance.posterous.com http://phildevfinance.wordpress.com
CONSULTING - http://www.carlosani.com
My Clippings - http://www.myclipps.posterous.com
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CARLOS ANI - SEEDFINANCE Corporation - http://www.seedfinance.net
Email: carlosani@seedfinance.net
Landline: +63495010127 Cellphone: +639152919580
DEVJOBS - http://www.devjobsmail.com
PHILDEVFINANCE - http://phildevfinance.posterous.com http://phildevfinance.wordpress.com
CONSULTING - http://www.carlosani.com
My Clippings - http://www.myclipps.posterous.com
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