About

Grameen Fund

Grameen Fund is a venture capital fund established in 1994, which is a pioneer in venture financing in Bangladesh. Emphasizes on risky ventures with untested technology/products generally denied credit from more traditional lending institutions.

Incorporated in January 1994 under Companies Act 1913 (now Companies Act 1994).
A company limited by guarantee not having share capital.
Not-for-profit social venture capital finance organization.
Pioneer in venture financing in Bangladesh. Emphasizes on risky ventures with untested technology/products generally denied credit from more traditional lending institutions.
Chairman of the Board of Directors is Nobel Laureate Professor Muhammad Yunus.

Objectives

Provide equity in companies trying to innovate in various sectors that hold promise for future growth with direct or indirect impact on poverty alleviation
Provide loan, equity or both to new companies or existing companies for balancing, modernization or expansion
Assist in management buy in or buy out of existing companies requiring financial and management support provided that such companies' activities or products bring direct or indirect benefits to the poor
Promote or develop enterprises having prospect for export or import substitution that will use indigenous raw materials, provide employment to rural poor or help upgrade the skills of rural or urban poor.

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