(2010-08-18) The European Development And Investment Fund For Moldova Has Launched Its Activity in
The European Development and Investment Fund for Moldova (EDIFM) has announced its of
The European Development and Investment Fund for Moldova (EDIFM) has announced its official launching last month in the Republic of Moldova. EDIFM will support the private sector by financing projects that are in the benefit of the country’s growth. The support will be provided in several types of financing solutions – equity loans, investment loans, grants and credit lines. The common element for each transaction is the ability of EDIFM to provide flexibility and open minded solutions also for "start up's " companies who start their activity in Moldova.
EDIFM is a development venture providing financing and funds to projects within the Republic of Moldova. The fund represents several European banks, international funds and private investors, which created collaboration under one special financial vehicle facility and support, by funding up to 100% financing and grants unique projects which are in national interest of the Republic of Moldova.
The financing will be provided under favorable conditions for investment opportunities in the country.
Alon Peled, the President of the Board of EDIFM, has promote the initiative of EDIFM , based on the high development potential of the Republic of Moldova along with narrow options for exist source of funding at this market - “We established EDIFM in order to support the growth of the country by sustaining new projects on the market to the benefit of the national interest. We met in Moldova talented people and a solid ground for developing great ideas, but lacking with financial sources is always a big challenge also for talented entrepreneur “ Stated Peled.
The leading factor in receiving the support from EDIFM is the need of each project or company to manage projects which are economically viable and feasible for implementation, and are in the country’s national interest for obtaining better quality of life for the population.
Another goal is the implementation of advanced technologies and equipment while creating more working opportunities for the population.
EDIFM will support local and foreign investors who show the willingness to introduce the market with new technologies and business initiatives, bringing the Republic of Moldova to a better place and creating a solid structure of business network and services which will lead it to growth.
The fund is currently open to new projects and initiative on the Moldavian market only. EDIFM provides financing / grants for project which are in the national interest of the Republic of Moldova.
“EDIFM sees itself investing in several East European markets, but for the moment we shall start investing only in the Republic of Moldova, as we believe this market has a very high potential and an immediate need for support†Peled concluded .
About Us: The European Development and Investment fund for Moldova (EDIFM) is development venture providing financing and funds to projects within the Republic of Moldova.
Contact Info: info@edifm.com
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Company: EDIFM
Country: Moldova, Republic Of
Contact: info@edifm.com
Website: http://edifm.com
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