Business Type Investment Readiness BDS Support Investment Outcome
Maize and Beans: Aggregation Following a successful VCCF co-investment in collection and aggregation centers, PSDAG hired a service provider to help the firm develop a longer-term growth strategy, conduct a regional market analysis to prepare the firm for expansion into exports, and link the firm to potential regional investors. The provided BDS was intended to help the business tap into export markets, which is key to achieving true economies of scale given the relatively small domestic market, and Rwanda’s participation in the East African Community allows firms preferential access to large proximity markets. Received $1 million investment from an impact investor specializing in African agribusiness. The firm was also able to secure $1.5 million in working capital loans, which is crucial to enable them to operate at full capacity during peak agricultural harvest seasons.
Beans: Processing PSDAG partnered with a processing company to market processed beans to urban consumers. Following this activity, PSDAG provided BDS expand regionally and to prepare pitch documents for further expansion. Secured capital investment worth $1.4 million to expand into a larger processing facility and access new regional markets.
Services: Transportation and Logistics This firm did not engage in a traditional VCCF co-investment grant in capital expansion before the provision of BDS. PSDAG only provided technical assistance in three critical areas for the business’ investment preparedness: market analysis; creation of a business pitchbook and promotional materials; and preparation of detailed business financial statements and projections. Received over $1 million in investment from an international investor and $200,000 credit from a local factoring firm, which enables the firm to operate at full capacity during peak agricultural seasons.