http://www.nextbillion.net/activitycapsule/3526 Comments for "Aavishkaar: Microventure Capital in India" en http://www.nextbillion.net/activitycapsule/3526 <div class="flexinode-body flexinode-6"><table class="actable" width="470px" cellpadding="5" cellspacing="0" border="0"> <tr><td class="actable-left" width="175px" valign="top"> <div class="flexinode-textfield-23"> <strong>Managing Organization: </strong> Aavishkaar<br /><br /> </div> <div class="flexinode-image-32"><br /> <img alt="Aavishkaar: Microventure Capital in India" src="http://www.nextbillion.net/files/aavishkaar_logo.gif" /><br /><br /> </div> <div class="flexinode-textfield-38"> <strong>Activity URL: </strong> <dd><a href="http://www.aavishkaar.org/" TARGET="_blank">http://www.aavishkaar.org/</a></dd><br /><br /> </div> <td width="295px" valign="top" align="left"> <div class="flexinode-textarea-22"> <strong>Activity Description: </strong> <p align="left"><img src="/files/images/aavishkaarlightbulb-1719.thumbnail.jpg" border="0" width="76" height="100" align="left" />Aavishkaar (a Hindi word that means innovation) India Micro Venture Capital Fund (<a href="http://www.aavishkaar.org/">www.aavishkaar.org</a>) came into existence to finance socially relevant, commercially viable and environmentally friendly enterprises that do not have access to project financing – loan or equity – from traditional financial institutions. Aavishkaar India fills an important niche as it is positioned between microfinance and traditional venture capital funds with its promise of equity support to small businesses. The projects that Aavishkaar support are in the range between Rs.500,000 (USD 10,000) and Rs.5,000,000 (USD 100,000). <br /><br /><a href="http://www.aavishkaar.org/" target="_blank">Aavishkaar India Micro Venture Capital Fund</a> (‘Aavishkaar’) concentrates on supporting micro enterprises based on grassroots innovations and seeks to:</p><br class="clear" /></div> </td> </tr> </table> </div><p><a href="http://www.nextbillion.net/activitycapsule/3526">read more</a></p> http://www.nextbillion.net/activitycapsule/3526#comment Business Development Activity Financial Services Activity Microfinance Activity Active Consumer For-profit Activity Government Funded India South Asia Thu, 26 Oct 2006 14:57:13 -0400 Seema Patel 3526 at http://www.nextbillion.net