Author:
18-05-2022
FMO - Dutch entrepreneurial development bank supports Gazelle Finance in launching its new Bridge Technical Assistance Facility to support Ukrainian companies.
Gazelle Finance’s home investment countries – Georgia and Armenia – are experiencing unprecedented inflows of economic migrants from Ukraine, Belorussia, and Russia as a result of the ongoing conflict in Ukraine. FMO funds a “Bridge” TA facility to identify SMEs relocating from Ukraine to Georgia and provides them with (i) expatriation and relocation services (ii) technical assistance in the form of fund-wide support projects, zero interest loans and grants to maintain business continuity and enable knowledge transfer.
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