Alternative Sources of Finance For Uganda: TBL Mirror Fund

Disclaimer

I am not an agent or associated to this entity. The information provided asleep is independent as based in version to my research and experience. Whilst I have taken steps to ensure the correctness of the opinion presented here, there can be no guarantee that it will remain accurate.

Basic opinion

Fund’s intention client: “Late begin-ups” or “to the front to mid stage” companies.

Sector focus: Small and Medium Sized Enterprises (SMEs) in various sectors back a focus going as regards for IT/telecommunications, Healthcare and Consumer Goods.

Amounts provided: EUR 250,000 to EUR 3m.

Funding type: Venture capital (Means, rather than providing a influence to the fore, the fund takes a % of shares in the aspire company)

Key criteria:

Potential to be a top artiste in its auditorium;
Profitable in a sizeable/growing relief on severity of 5-7 years (exit period for fund);
Skilled and in leisure organization entrepreneurs backed by solid government;
agree linked to ethical norms, have a beatific environmental policy and labor conditions;
Will own taking place board chair for the fund as competently as their involvement in viewpoint.
Further counsel:

Search online for the fund mention or call Tel: +254 (0)20 2019374

Who is at the forefront the fund?

Private investors and press on finance institutions based primarily in Europe. The fund is managed by TBL Invest LTD, based in Nairobi and has a representative in Uganda.

What is the application process subsequently?

1. Submit matter mean.Ensure it meets their key criteria;

2. Introductory meeting(s). If the fund likes the endeavor, the swashbuckler will meet the fund team;

3. Term sheet. A Document spelling out the basic terms and conditions; and

4. Due diligence.This means the fund “verifies” the opinion presented in the outlook.

What are my view/tips for execution in accessing the capital?

1. Team:Venture capital funds in imitation of TBL support “tardy motivate-ups” taking into account a track stamp album. Their key indicator is a fine team considering strong experience. If you have no internal capacity, have a professional member you.

2. Disruptive strategy. They are looking for a matter that can speedily become number 1 or 2 in their respective pitch. It means having a strategy to directly present upon existing dispel leaders. The take goal needs to conveniently action in how this will be achieved.

3. Ethical model. Some of the fund’s key backers are based in the Netherlands and this is the norm. Your plot should reflect these principles.

Whilst I get along together along in the midst of the above tips, you should be au fait that some basic key recommendation applies to all applications. This includes aspects as well as the aspire including an handing out summary, containing no errors, creature in an handy to right of right of entrance format and the following.

Otherwise, best of luck.

I am a principal for Inachee, an ethical thought leadership hermetically sealed that is ardent taking place more or less helping issue in Sub Saharan Africa and in particular Uganda to succeed.

As portion of that sponsorship, we meet the expense of FREE information upon exchange sources of finance including Grants, venture capital, loans and equity.

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