This initiative will increase the access of SMEs and technology start-ups with high growth potential to alternative sources of financing through capital instruments, contributing to the development of the investment market in Moldova, stimulating private investments and increasing the competitiveness of the national economy.
Through this call for proposals, ODA will utilize the resources of the Fund of Funds to attract private and institutional capital to the national economy, creating prerequisites for a new stage of venture capital market development.
The financial product is based on the first-loss tranche mechanism, through which ODA’s contribution is used to reduce the investment risks assumed by private and institutional investors. This mechanism makes it possible to mobilize additional financial resources and promotes investment orientation towards small and medium-sized enterprises with growth potential and technology start-ups that have difficulties in accessing traditional sources of financing.
Thus, public funds turn into a catalyst for private investment, creating a multiplier effect of capital available for the development of the business environment in the Republic of Moldova.
Local, regional and international investment funds, investment management companies, alternative collective investment enterprises and other investment organizations that meet the selection criteria set out in the product description and documentation related to the tender are invited to apply.
The selected investment partner will be responsible for mobilizing private and institutional capital, identifying the ultimate beneficiaries of the investments and managing the investment portfolio to achieve minimum rates of return and performance.
