WIC CAPITAL targets early stage (operating for less than five years) companies that meet WIC’s gender criteria and whose growth is hindered by their need for financing and/or technical assistance. The gender criteria is fulfilled when a company meets one or more of the following
Entrepreneurs
Eligibility
Company is founded by a woman
Company is at least 50% owned by women
Company has a managerial team with a majority of women
Investment Criteria
Impact
The company has the potential to have a significant impact not only on its sector and on its target market, but also on the national economy.
Technology
The company uses an advanced and innovative technology in its activities to address the problems it aims to solve.
Promotion of local products
Most of the products used and commercialized by the company are local products, or the company promotes, through its activities, the consumption of local products.
Job creation
The company has the capability to create a significant number of new jobs or to improve the overall quality of jobs in the country. The company must also adopt an inclusive recruitment policy, which promotes women’s employment.
Capacity building
The company promotes policies and procedures that develop the capacities of its staff over time.
Exportation
The products can be exported immediately or after a few years of operations.
Profitability
The company has a strong financial performance and is potentially highly profitable.
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