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IFC and Microfinance in Africa: Building Strong Commercial Institutions
The International Finance Corporation (IFC)-the private sector arm of the World Bank Group-has $4 billion invested in various kinds of financial institutions in 88 countries: including banks, leasing companies, credit rating agencies, and pension funds. IFC also has $256 million invested in 56 microfinance institutions in 38 countries, reaching more than 1.3 million clients. Institutions in Southern Europe, Central Asia, and Latin America currently comprise the lion's share of this portfolio, but Africa is a growing emphasis as well.

Other technical assistance grants Related Articles

Federal Grant Resources
Please Note that the U.S. Small Business Administration does not offer grants to start or expand small businesses, though it does offer a wide variety of loan programs. While the SBA does offer some grant programs, these are generally designed to expand and enhance organizations that provide small business management, technical, or financial assistance. These grants generally support non-profit organizations, intermediary lending institutions, and state and local governments. (See Federal and State Technology Partnership Program)
Export Express
SBA Export Express combines the SBA’s small business lending assistance with its technical assistance programs to help small businesses that have traditionally had difficulty in obtaining adequate export financing. The pilot program is available throughout the country and is expected to run through September 30, 2005.
Can Technical Service Providers Add Significant Value?
The second major hypothesis behind MicroStart is that technical assistance from an experienced microfinance organization or consulting firm can help build the capacity of small, young MFIs.
Are Small Capital Grants Worthwhile?
The MicroStart approach is to make small grants available to participating MFIs. These grants can be used to cover operating losses or to capitalize loan funds. SUM staff wanted these grants to be a way to funnel small doses of funds in a way that would not overwhelm a small and young MFI’s capacity to absorb them. Each grant has a ceiling of $150,000 and is used for either covering operating losses and/or for loan capital.

SBAs 8a Program Can Help Some Companies Compete
The 8(a) Program (named after the section of the Small Business Act from which it comes) is an SBA program created to help small disadvantaged businesses better compete in the U.S. marketplace and within the arena of government procurement. The SBA provides business development, technical assistance and other services to the small businesses that are accepted into the 8(a) program.
SBA Loan Program Basic
All SBA loan programs lend to small businesses unable to secure financing on reasonable terms through normal lending channels. The loan programs are operated through private-sector lenders that provide loans which are, in turn, guaranteed by the SBA. Keep in mind that the SBA has no funds for direct lending or grants. Most private lenders (banks, credit unions, etc.) are familiar with SBA loan programs so you should contact your local lender for further information and assistance in the SBA loan application process.

You Can Access Government Grants, You Just Have To Understand The Game
Business owners, seeking government grants for their businesses, soon find out that they cannot access these grant directly. It does work that way. But, that does not mean it is impossible to access these grants, if you just know how they actually work.
Grants For Business Owners – Do they exist?
Grants can be a great way to fund a growing company. But, grants are not available to most businesses; they are just not designed that way. However, with the right research and looking in the right directions, there are still grant funds to be had.
HUD adds another $1B to Stabilize Hard-Hit Neighborhoods bringing the total to $7B
State and local governments can use their neighborhood stabilization grants to acquire land and property; to demolish or rehabilitate abandoned homes; and to offer down payment and closing cost assistance to low- to moderate-income homebuyers. In addition, the grantees can create “land banks” to assemble, temporarily manage, and dispose of vacant properties.
The Small Business Grant Misnomer
Business owners seeking grants for their businesses must understand the process. Grants, just like other methods of financing, have their unique qualities. Knowing how and when to access grant funding is important in not wasting time and money, then not winning the grant.
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