13/12/2023
The Fund, along with its sidecar Technical Assistance Facility, was officially launched in today, at a special event hosted in Harare.
The BUILD Fund, an innovative blended impact finance vehicle, is strategically designed to provide financial support to and businesses with significant development impact potential, particularly in Least Developed Countries ( ) and other developing economies like .
The event, set to be followed by webinars in January 2024, aims to introduce and engage with SMEs and technical assistance providers interested in participating in the BUILD Fund and BUILDER TA Facility initiatives.
Earlier this year, through the Swiss Agency for Development and Cooperation (SDC), announced a significant investment of USD$16 million into the BUILD Fund. Out of this, US$10 million is specifically allocated to support projects in and through UNCDF, with an additional US$5.5 million directly invested into the global BUILD Fund. SDC has further earmarked USD$1 million for the provision of technical assistance through the BUILDER Technical Assistance (TA) Facility.
The BUILD Fund is a partnership between the United Nations Capital Development Fund (UNCDF) and Bamboo Capital Partners.
The BUILD Fund, along with its ‘companion’, the BUILDER Technical Assistance (TA) Facility, was officially launched in Zimbabwe today, at a special event ho ...