FEinvest
Yes She Can
Yes She Can
FEinvest is the not-for-profit initiative of IGC Campus mainly focuses on empowering female entrepreneurship. In one hand FEinvest is an investment fund that serves and facilitates business investments for thriving female entrepreneurs across Sri Lanka. On the other hand, FEinvest is capacity building and certification program to create inclusive opportunities for female entrepreneurs. The certification is mainly to enhance the investment readiness of their businesses. FEinvest also brings investors and female business owners together to offer inclusive financing solutions. FEinvest was initiated and co-founded by Sanath Vidanagamage, the chairman of IGC Campus, aiming to promote and enable inclusive investments.
There are two main programs to support thriving female entrepreneurs with inclusive finance.
When it comes to women, prosperity is not that inclusive. Their path to prosperity creates more and more systemic barriers including access to finance. Therefore, inclusive finance is the one and only way to empower female entrepreneurship across the globe. Female Investor Pitch (FIP) and Business Investment Readiness (BIR) are the two innovative programs launched by IGC Campus to achieve the goals of inclusive financing..
Female Investor Pitch
If you are looking for an investor come and pitch your business proposition!
We invest on your bright idea. It you have a viable business idea/project and if you are confident about it, you can apply for a small business grant right now.
Generally banks and other financial institutions are not interested in investing money on business ideas or start-ups of youth or women. Perhaps existing businesses (or SMEs) can access bank loans if they possess required collaterals. These are standard practices in financial and banking industry.
But Female Investor Pitch program is a platform that fill this gap by facilitating inclusive investments and connection between investors and female entrepreneurs. It provides small grants for thriving female owners of micro and small businesses.
How It helps?
· It’s a place where investors meet thriving female entrepreneurs
· Fund raising is from purpose driven investors and philanthropes
· Need based financing for resilience and scale-up
· Offers small business grants and equity investments
. Easy access and simple procedure that supports and build capacity
· Business growth training and mentoring support embedded with financing
· Social (impact) retunes for investors who contributes.
14 Thriving female entrepreneurs have pitch their ideas and raised investment of 4.9million rupees for their small businesses.
How It Works?
Female entrepreneurs will have to follow a simple process (still to be finalized) to apply for and access to investments from FEinvest. The administrative team will help them along the way, improving the investment readiness of their businesses. Following process will be facilitated by FEinvest office.
1. Calling application
2. Assessment of investment readiness
3. Selection/screening
4. Business Growth Plan Training (BGP)
5. Presenting Business Plan and Pitching
6. Signing of agreement
7. Business Mentoring
The Process of Accessing Investments
Assemble Your Idea
Get Trained and Develop a Plan
Meet Your Business Mentor
Pitch Your Plan to Incestors
Business Investment Readiness (BIR)
Certify your investment readiness before you apply for a loan!
BIR is a certification system offered to potential and existing female entrepreneurs/small business owners who are in need of financial services. BIR mainly support them to enhance their investment readiness to access finance from any formal financial institution.
Recent research conducted by IGC Campus with 392 female loan applicants revealed that only 10% of female loan applicants receive banks loans. Others are either delayed or rejected due to poor investment readiness of their businesses. The interesting finding is the ten percent of female entrepreneurs who received loans possesses comprehensive, evidence based investment readiness and that was the main reason of their success.
Business Investment Readiness (BIR) Appraisal Framework
We will help you to increase the investment readiness of your business and access a financial facility from your bank. BIR will assess, guide, rate and certify your business according to following measurement indicators which are internationally accepted. We will help you achieve highest level of standards practices that requires to qualify for a business loan. Our measuring indicators and rating system is validated by reputed financial institutions and global financial institutions.
We will help you to get certified! Following eight dimensions or measurement indicators of your business will be assed, improved, rated and certified. There are more than 60 Key Performance Indicators (KPIs) that will be measured around your business.
How it Works?
Get the First Assessment to See Where You are?
Get Your Training and Mentoring Support
Develop a Plan and Make Improvements
Get your Final Assessment and Certification