The Financial Services Volunteer Corps (FSVC), Redstart Tunisia, a newly-launched business incubator, and Damya, a network of female angel investors, signed an agreement to create an investment group to catalyze capital funds for high-growth small and medium enterprises (SMEs) in the interior regions of Tunisia.
Under the agreement, FSVC will provide technical and operational support to help structure the investment group, recruit prospective investors, and build the group’s investment capacities.
This partnership is part of the U.S. funded Impact Finance program to facilitate SMEs access to finance. One of the program’s objectives is to support investment groups, networks, or clubs that help stimulate regional economic development by offering alternative sources of financing to SMEs.
