Eligible Countries

Promfin Foundation has initiated its activity covering 16 countries: European and CIS member states (Azerbaijan, Armenia, Belarus, Kazakhstan, Kyrgyzstan, Moldova, Russian Federation, Tajikistan, Turkmenistan, Uzbekistan and Ukraine), Albania, Bosnia and Herzegovina, Macedonia, Montenegro, Serbia.

In addition, Promfin Foundation expanded its coverage to the developing countries of Asia, Africa and some of Latin America.

Promfin Foundation will be extended to other countries joining, thus establishing a cooperation framework for food security and demonstrating commitment in agreement with the G20 countries in order to improve investment opportunities.

The key criteria for financing applicants:

Projects must be financially sustainable
applicants and technical partners should be actively involved in the day-to-day operations of the business/project
Promfin Foundation will finance using debt, equity, quasi-equity and any available instruments
Minimum equity is NOT required
The business should be able to repay the investment
The business must have a clear value-add with a sustainable business case.

Promfin Foundation reserves the right to oblige applicants to participate in the Promfin Foundation mentorship program.