FUND FINDER– Helping to Finance Project Preparation
30 July 2013
Over the years, too many great ideas for renewable energy, transportation, water and communications technology projects have died on the vine because managers and promoters could not finance the project preparation phase - meaning the entire spectrum of activities that have to take place before an infrastructure project can be of interest to a potential financier. To unlock this infrastructure project pipeline, ICA developed a helpful tool called The Fund Finder.
Completed in the fall of 2012, and announced at the ICA Annual Meeting in Maputo, Mozambique in November, 2012; Fund Finder is a searchable database that helps project promoters and managers locate funding to start the institutional, legal, social, environmental, financial, regulatory, engineering and advisory services that are needed to go from a concept to a clearly defined and properly structured project with a clear identification and allocation of risk.
The Project Preparation Fund Finder was designed to be used by both a fund seeker and a funding facility. If you are a project manager or promoter, you can search the database for funding facilities. You can also go through a check list of actions required in the project preparation phase. If you are a funding facility, you can apply on-line to be part of the data-base.
Our hope is that this new tool will help move good ideas into great projects.
Categories: ICA Products