Investments will go towards providing finance to eligible SMEs in Northern Iraq.
Grants will go towards providing business support to SMEs.
supporting the NII
GroFin’s proven business model, experience and platform are leveraged to support and invest in SMEs in these areas with the objective to create sustainable impact for Iraq and its people.
A GroFin office has been established in Erbil to support these activities and allow full deployment of the GroFin model in Northern Iraq.
How to participate in this initiative?
Investments will go towards providing finance between US$ 100,000 up to US$ 2,000,000 to eligible small and growing businesses in Iraq and will contribute towards rebuilding the economy, creating employment and supporting the local communities.
Minimum amount of investment: US$ 2,500,000
Type of Investment: Equity, permanent capital
Financial Return: Capital preservation or minimum return given high risk profile of investments
Impact Return: Supporting small businesses, creation of jobs and supporting local communities
Grants will go towards providing business support to small and growing businesses to improve operations, governance and making them finance-ready so that they can expand and create employment for the benefit of the local economy.
Minimum amount of donation or grant: US$ 100,000
Expected Impact: Supporting small businesses, creation of jobs and supporting local communities
we would be happy to hear from you