FinDev Canada Financing and Investment
Canada
Loans and investments for businesses operating in developing countries
grant_single_labels|summary
grant_single|eligibleFinancing
- grant_single|noCondition
grant_single|deadlines
- grant_single|openingDateNovember 14, 2019
grant_single|financingType
Loans and Capital investments
grant_single|eligibleIndustries
- grant_single|allIndustries
grant_single|grantors
- Government of Canada
- FinDev Canada (DFIC)
grant_single|status
grant_card_status|open
grant_single_labels|preview
Direct loans, loan guarantees, structured project financing and investments are available for companies operating in developing countries that bring sustainable social and economic benefits to local communities.
grant_single_labels|projects
This grant is available to companies that are operating in developing countries, as indicated by the focus of the funding organization, FinDev Canada. These geographical areas are chosen to advance the objectives of market development and enhance social and economic impacts where they are most needed.
- Companies operating in developing countries across global regions.
grant_single|admissibleProjectsExample
$120,000
Launching a mobile health clinic network in rural Kenya to improve healthcare access
$150,000
Creating an educational technology platform for underprivileged schools in sub-Saharan Africa
$100,000
Initiating a waste management and recycling program in urban areas of India
$140,000
Developing a renewable energy solution in rural communities of Tanzania to reduce carbon footprint
$170,000
Building affordable housing units in remote areas of Nepal to aid low-income families
$80,000
Establishing a fair-trade coffee cooperative in Lima with sustainable farming practices
grant_single_labels|admissibility
The eligibility criteria for this financial support focus on the applicant's alignment with FinDev Canada's strategic priorities and operational focus.
- The applicant must be part of the private sector operating in developing countries.
- The applicant's activities must contribute to sustainable social and economic benefits for local communities.
- The applicant should align with priorities related to market development, gender equality, and climate and nature action.
- The financial products offered must demonstrate a well-managed risk approach and potential for a financially sustainable portfolio.
- The business or project should be able to leverage partnerships and embody effective governance and decision-making principles.
grant_eligibility_criteria|who_can_apply
FinDev Canada offers support to entities within the private sector that seek to promote equal, inclusive, and environmentally favorable practices in developing countries. Priority is given to those working within specific sectors that contribute to market development, gender equality, and climate action.
- Private sector companies operating in developing countries.
- Organizations that provide sustainable social and economic benefits to local communities.
- Entities offering innovative financial solutions like debt, equity, and guarantees.
- Businesses contributing to gender equality and climate and nature actions.
- Projects aligning with the Government of Canada’s development priorities.
grant_eligibility_criteria|eligible_expenses
FinDev Canada focuses on supporting projects that create sustainable social and economic benefits in developing countries, particularly in areas that enhance gender equality and climate action. Eligible activities must align with the overarching goal of leveraging partnerships and fostering a financially sustainable portfolio.
- Providing financial solutions including debt, equity, and guarantees to businesses in developing countries.
- Supporting market development initiatives that demonstrate sustainable economic benefits.
- Projects that promote gender equality and increase women's participation in the economy.
- Climate and nature action projects aimed at mitigating climate change impacts.
- Innovative business models that focus on sustainable development outcomes.
grant_eligibility_criteria|zone
There are specific geographic areas eligible for this grant. The focus is on developing countries.
- Developing countries
grant_single_labels|register
Steps for application submission are not directly provided in the context. Based on common grant application procedures, here are potential steps:
- Step 1: Research and Document Preparation
- Review the FinDev Canada Fact Sheet and other supporting documents to understand the requirements and priorities.
- Gather necessary internal and external documents that demonstrate alignment with FinDev's sectors of focus: market development, gender equality, and climate action.
- Step 2: Draft Proposal
- Prepare a comprehensive proposal detailing the project objectives, financial requirements, and expected social and economic impacts.
- Highlight how your project aligns with FinDev Canada’s priorities regarding gender equality and climate action.
- Step 3: Application Submission
- Find FinDev Canada’s application portal or contact method through their official website or provided documents.
- Submit your application documentations via the specified portal or contact point.
- Step 4: Follow-up and Confirmation
- Await confirmation of receipt from FinDev Canada, which typically follows successful submission.
- Follow any further instructions provided by FinDev Canada regarding the evaluation process.
grant_single_labels|otherInfo
Here is additional relevant information for this grant:
- FinDev Canada emphasizes leveraging partnerships to amplify the impact of its financial solutions.
- The organization employs a nimble and innovative approach to align with private sector needs.
- There is a focus on sustainable social and economic impact for local communities through financing solutions.
- FinDev Canada aligns its strategy with the Government of Canada’s priorities.
Apply to this program
Driving Economic Growth and Social Impact with Strategic Funding
FinDev Canada is committed to catalyzing sustainable development by offering a range of financial solutions to businesses operating in developing countries. Our grant program focuses on financing projects that enhance market development, promote gender equality, and tackle climate change.
Unlocking Opportunities Through FinDev Canada’s Strategic Financial Support
At FinDev Canada, we understand the transformative potential of fostering growth in developing regions through strategic investments. With an emphasis on sustainable outcomes, our grant program offers businesses a robust financial framework to initiate impactful projects. These grants are critical tools in facilitating economic and social progress, especially in regions that need it the most. By leveraging Canada's governmental priorities, we optimize the synergy between public guidance and private sector initiatives.
The financial solutions provided by FinDev Canada include debt, equity, and guarantees, assisting clients in creating projects with long-lasting benefits for local communities. Our approach adapts to the dynamic needs of private sector borrowers and investors, specifically targeting activities that stimulate significant economic and social impacts. This aligns perfectly with our mission to act as a catalyst for development while addressing urgent global challenges such as gender inequality and climate change.
FinDev Canada’s support framework not only delivers financial backing but also facilitates access to a network of strategic partners, governance initiatives, and guided risk management strategies. This holistic strategy fosters a thriving environment for businesses seeking to establish or expand operations in developing countries, ensuring that their projects contribute effectively to economic growth while maintaining social responsibility.
Our action-oriented strategy is underscored by a firm commitment to gender equality and environmental stewardship. Recognizing gender not only as a potential risk but as an existential opportunity enhances our approach. This commitment is integrated into every financing decision, ensuring that gender equality and environmental sustainability become core components of each supported initiative.
FinDev Canada’s grant recipients benefit from our nimble and innovative business approach, which accommodates the evolving needs of the developing markets. This flexibility is crucial for adapting to new challenges and capitalizing on emerging opportunities, ensuring the projects’ long-term viability and alignment with global sustainability goals.
Through our tailored financial solutions, we strive to make a measurable difference, not just from a financial perspective, but also in terms of promoting social change and environmental responsibility. By supporting the private sector with innovative and sustainable financial tools, FinDev Canada aims to create a ripple effect that fosters comprehensive development outcomes across communities worldwide. This commitment to sustainable finance underscores our dedication to supporting a more equitable, inclusive, and prosperous future for all.
