Kalafat ISME
Posted on May 28, 2018 in 2_Country Profiles, EARLY STAGE, GROWTH, Lebanon, Lebanon-EarlyStage, Lebanon-Growth
1. Description
| Name | ISME by Kafalat |
| Type of Financial Operator | Public money |
| Description | The iSME Programme is a US$ 30 million initiative funded by the Government of Lebanon through a loan from the World Bank. The programme aims to encourage the equity investment market to increase early stage investment finance for financially viable, new, and existing innovative firms. |
| Location | Lebanon |
| Geographical scope | Lebanon |
| Experiences in financing eco innovative projects | Carpolo and Riego benefited from iSME Grants programme |
| Instruments | Equity and Grants ($15k) |
| Average investment – amount | $500k |
2. Investor Criteria
| Scope of operations – Industry/tags | Sector agnostic |
| Phase of grow – business stage and target group of clients | Early stage – Growth |
| Most important prerequisites for financing a project | Innovative Lebanese start-ups |
| Most important barriers that prevent financing | Non-tech project |
| Minimum investment required | Start-ups and SMEs having a potential to generate significant value added for the business and the Lebanese economy. |
| Currently available financial products | Equity and Grants |
3. Contact details
| Contact persons / emails | – |
| Address and telephone | Hamra Street, Picadilly Center, 5th Floor |
| Beirut – Lebanon | |
| Website | http://www.kafalatisme.com.lb/ |
