access our database of funding sources and get relevant details on providers and their facilities


FAQs

  1. What is a provider?
    A funding or technical assistance source.
     
  2. What is a funding source?
    An agency that provides financing for businesses and projects. The agency may be local, regional, bi-lateral or multilateral. Financing may take the form of loans, grants, equity investments or combinations of these.
     
  3. What is debt/equity funding?
    Debt funding refers to loans for which the recipient has a legal obligation to repay at an agreed interest rate over a specified period. Equity funding refers to purchases of shares in the company by the investor, which give ownership rights and the right to participate in profits. Funding agencies may provide either of these financing options or a combination of both.
     
  4. What is venture capital?
    Funds made available for startup firms with exceptional growth potential.
     
  5. What is grant funding?
    Funds provided by an agency to assist with specific activities that do not require repayment.
     
  6. What is loan funding?
    Loan funding is the same as debt funding for which the recipient has a legal obligation to repay at an agreed interest rate over a specified period

  7. What is technical assistance?
    Support offered to solve business problems related to systems, processes and management, or to increase competitiveness. Assistance may be provided free of cost or on a cost-sharing basis, and can be in the form of consultancy services or expert advice. No payment is made directly to the beneficiary.
     
  8. What is a micro business?
    A business with fewer than ten employees with an asset base (excluding land and building) of up to US$10,000.
     
  9. What is a small business?
    A business with up to 50 employees with an asset base (excluding land and building) of between US$10,000 to US$100,000.
     
  10. What is a medium-size business?
    A business with up to 50 employees with an asset base (excluding land and building) of between US$100,000 and US$200,000.00, and annual sales of up to US$750,000.00.
     
  11. What is a facility?
    A financing option or technical assistance option provided by a funding or technical assistance source.

 


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