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Completed Banking and Financial Services US Foreign Aid

MCC Georgia Regional Development Fund Activity

$64M USD

Funder Millennium Challenge Corporation
Recipient Organization U.S. Government - Millennium Challenge Corporation
Country Georgia
Start Date Apr 10, 2006
End Date Jul 05, 2010
Duration 1,547 days
Number of Grantees 27
Roles Recipient
Data Source US Foreign Aid
Grant ID 65888-40
Grant Description

Georgia - Enterprise Development Project - Georgia Regional Development Fund Activity: The objective of the Investment Fund Activity is to increase investment in and improve the performance of SMEs, primarily in the Regions.

The Project Activity will create a professionally and independently managed investment fund (the "Georgia Regional Development Fund" or "GRDF" or such other name as may be agreed by the Parties) to provide capital to SMEs, provide technical assistance for portfolio companies and identify legal and policy reforms to encourage further investment in SMEs.

The Investment Fund Activity involves three sub-activities: (i) creation and capitalization of the GRDF; (ii) portfolio company technical assistance; and (iii) legal and policy environment support.

All Grantees

U.S. Government - Millennium Challenge Corporation

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