Loans and Technical Assistance Available for Ecotourism Development in Africa & Mediterranean Available | Adventure Travel News
From January 24 to April 30 2011, Verde Ventures (VV) calls for small and medium sized enterprise owners in Afria and the Mediterranean engaged in biodiversity conservation and human well being to apply for loans up to $US 500,000 and technical assistance under the joint program with Agence Francaise de Developpement (AFD) and Fonds Français pour l’Environnement Mondial (FFEM).
Verde Ventures builds sustainable green economies by investing in small and medium sized businesses that are strategically placed to contribute to conserving Earths biologically richest and most threatened areas (seeMap below or visit www.conservation.org/explore/priority_areas).
Verde Ventures seeks out those enterprises best suited to maintaining and valuing healthy, intact ecosystems and ecosystem services.
VV is launching a request for proposal to provide loans and technical assistance services to African and Mediterranean SMEs.
Lack of access to financing is consistently cited by Small and Medium Enterprises as one of the main barriers to growth. With limited access to financing, SMEs struggle to make the investments they need to increase productivity, improve competitiveness, develop new markets, and hire more people. This is particularly true in African and Mediterranean countries.
Verde Ventures is grateful to Agence Française de Développement and Fonds Français pour l’Environnement Mondial for their support of this important and exciting initiative.
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