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PRIVATE SECTOR ASSISTANCE

1. Name of Organisation :

South Pacific Project Facility (SPPF)

(see also Pacific Islands Investment Facility (PIIF) and International Finance Corporation (IFC)

2. Assistance Scheme/Program :

SPPF provides project preparation and business advisory services to local private sector entrepreneurs to prepare and then promote their projects for funding by local financial institutions.

SPPF can also assist in obtaining equity and loan financing, in selecting the appropriate technical or business arrangements for the business and in obtaining the technical assistance required during the initial stages of the business, in identifying and hiring appropriate personnel, and in developing export programs.

White not providing finance directly, the SPPF administers the Pacific Island Investment Facility (PIIF) which may be a partial source of equity and loan funds for a project (see PIIF in this directory).

3. Criteria :

Anyone can apply to have a project proposal assessed by SPPF. As a guide, SPPF normally supports projects that require investment in the range of USD$0.25 million to USD$5 million although smaller or larger proposals will be considered in special circumstances.