Emerging Markets Impact Investment Fund – Tender Now Open

On 14 November 2017, the Foreign Minister Julie Bishop announced a new $40 million Emerging Markets Impact Investment Fund (EMIIF). The EMIIF is an innovative fund that aims to address the financing gap for small to medium enterprises (SMEs) in our region.

The EMIIF will use loans, equity, guarantees and other financial instruments to invest in funds that target early-stage SMEs. It will also provide technical assistance to funds and SMEs to improve management capacity, financial skills and business operating practices. EMIIF will have social impact at its core, supporting businesses that benefit poor communities through their products, services, supply chains or employment practices – including those that advance gender equality.

The EMIIF design document is available at the link below.

Investment Manager Tender

An Expression of Interest process is now open to engage an Investment Manager for the EMIIF. This is the first step of a two stage tender process. Suitably qualified applicants are encouraged to submit an EOI to ensure consideration for participation in the second stage. Applications due by 8 January 2018 through AusTender. Please contact tender-EMIIF@dfat.gov.au with any queries.

Trustee Tender

A Request for Tender process is now also open to engage a Trustee for the EMIIF. Applications are due by 1 February 2018 through AusTender. Please contact tender-EMIIFtrustee@dfat.gov.au with any queries.

Attachments

'EMIIF Design October 2017 [PDF 2.7 MB] | [DOCX 8.3 MB]

Summary of changes from September 2017 version [PDF]

Last Updated: 30 November 2017