East Africa Creative Business Fund
USD 20,000-USD 50,000 for creative businesses in the five East African countries, in partnership with the European Commission, and Agence Française de Développement (AFD)
OVERVIEW
HEVA launched the East Africa Creative Business Fund to invest in creative businesses in five East African countries: Kenya, Uganda, Rwanda, Tanzania, and Ethiopia. This facility was designed to provide financing for businesses to: restructure interrupted supply chains; increase production capacity; diversify offerings; increase market share; increase integration in local and regional value-chains; support the transition to low-touch and digital capabilities, and take advantage of new opportunities.
Business support remains a key component of our fund strategy. As such, East Africa Creative Business Fund beneficiaries were also the recipients of ongoing strategic engagements to synergise with their direct cash-flow investment. This included: relevant financial modelling, legal, tax, human resource, accounting, and cash flow management support, as well as access to training and international platforms for market access.
LET’S KEEP IN TOUCH
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