RSCF Support lines

 

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Support Line 1

FUND DEVELOPMENT

SL 1 helps new fund managers in the RSCF space during the fundraising stage.

 

SL 1 is a conditional grant limited to USD 750,000 that is paid back once the fund reaches a first close.

Support Line 2

PIPELINE DEVELOPMENT

SL 2 supports funds and investment advisors to funds in building a project pipeline while at the same time delivering capacity-building at the local developer level.

SL 2 provides support in conjunction with SL 3 for a total amount of between USD 0.5 million and USD 2.5 million per partner. SL 2 is a non-reimbursable grant and accounts for 30% of the total contract volume.

Support Line 3

PROJECT DEVELOPMENT

SL 3 co-finances, with funds and investment advisors to funds, the development costs of getting seeded projects to full financial close.
 

SL 3 provides support in conjunction with SL 2 for a total amount of between USD 0.5 million and USD 2.5 million per partner. SL 3 accounts for 70% of the total contract volume and is a conditional grant that is reimbursable for projects that reach financial close.

Activities typically financed under SL 1 include:

  • Fundraising costs (e.g. travel expenses)
  • Legal set-up fees

Activities typically financed under SL 2 include:

  • Training, coaching and workshops for local project developers
  • Project identification (e.g., event participation, travel expenses)
  • Pre-investment feasibility studies

Activities typically financed under SL 3 include:

  • Independent technical and project assessments
  • Feasibility studies
  • Financial risk analysis and project valuation
  • Regulatory compliance and framework reviews
  • Environmental, social and governance (ESG) risk analysis