Legacy Investment Fund
The Legacy Investment Fund provides funding to those entrepreneurs that have successfully completed the Asukume Program.While some funding is simply in the form of start up loans, the major focus of the fund is to provide venture capital finance (e.g. via equity injections or shareholder loans) to qualifying businesses.
While the Legacy Investment Fund is an extension of the Asukume, a separate management team (deal forum) are responsible for the evaluation of applications for funding. This is done to ensure that all funding is done on an arms length, commercial basis
The Asukume Programme takes entrepreneurs on a journey that imparts critical life skills, formal business training and practical evaluations and group work, all of which is designed to give entrepreneurs the skills required to run effective businesses.
Successful applicants will through their journey with Asukume, its trainsers, other entrepreneurs and mentors.
The ultimate goal of the Asulume Programme and the Legacy Fund is to give entrepreneurs the support they require to grow their businesses into more vibrant enterprises that not only create value for the owner/ s but create much needed jobs.
The Legacy Investment Fund is the last step in the program. The fund provides a variety of funding mechanisms to qualifying entrepreneurs.