Kalafat ISME

1. Description

Name ISME by Kafalat
Type of Financial Operator Public money
Description The iSME Programme is a US$ 30 million initiative funded by the Government of Lebanon through a loan from the World Bank.
The programme aims to encourage the equity investment market to increase early stage investment finance for financially viable, new, and existing innovative firms.
Location Lebanon
Geographical scope Lebanon
Experiences in financing eco innovative projects Carpolo and Riego benefited from iSME Grants programme
Instruments Equity and Grants ($15k)
Average investment – amount $500k

2. Investor Criteria

Scope of operations – Industry/tags Sector agnostic
Phase of grow – business stage and target group of clients Early stage – Growth
Most important prerequisites for financing a project Innovative Lebanese start-ups
Most important barriers that prevent financing Non-tech project
Minimum investment required Start-ups and SMEs having a potential to generate significant value added for the business and the Lebanese economy.
Currently available financial products Equity and Grants

3. Contact details

Contact persons / emails
Address and telephone Hamra Street, Picadilly Center, 5th Floor
Beirut – Lebanon
Website http://www.kafalatisme.com.lb/