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CARESBAC-Poland

  Completed

CARESBAC-Polska (CARESBAC) was a venture capital investment fund operating in Poland since 1992.

CARESBAC offers financing and technical assistance to small and medium-sized private Polish enterprises to support the development of a free market economy in Poland. We offer financing on commercial terms typical of venture capital (risk capital). Technical assistance is provided to our investors at low costs, utilizing domestic and international consulting organizations operating in Poland.

CARESBAC was established by the international organization SEAF (The Small Enterprise Assistance Funds) to support private sector development in Poland, Bulgaria, and Russia. In Poland, CARESBAC was established by SEAF, the Cooperation Fund Foundation , and the Foundation for the Development of Polish Agriculture (FDPA). The European Bank for Reconstruction and Development (EBRD) is also a shareholder in CARESBAC. CARESBAC is additionally supported by the Overseas Private Investment Corporation (OPIC) and the United States Agency for International Development (US AID).

The Cooperation Fund Foundation sold its shares in CARESBAC in 2008.

Strona projektu

Additional Information

CARESBAC is not a bank and does not provide bank loans. Instead, CARESBAC offers long-term investment capital according to the following principles:

The total investment amount is the equivalent of USD 50,000 to USD 400,000 converted into Polish zloty.

Co-investments were made by acquiring minority equity stakes representing between 25% and 49% of the company's value. CARESBAC aims to support the existing management team, not replace it.
The structure and method of investment are tailored to individual situations.

Preferred sectors of the economy are: agri-food industry, export of new products, light industry, affordable housing, business services, energy production and environmental protection.

CARESBAC is particularly interested in Polish companies with a proven track record in the industry and experienced owners and management. We also consider multilateral joint ventures with foreign capital, assuming that the Polish partners will ultimately hold a controlling stake in the company.

 
 

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