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VC / Deal Flow Facility
Background
Cafesjian Family Foundation and Enterprise Incubator have established a private equity and venture capital fund with the main objective of investing in Armenian technology related sectors, addressing their financing needs, and fostering entrepreneurship within the industries. The Fund is a Delaware (USA) based Limited Partnership with the General Partner / Fund Manager, Venture Management Advisers, and operations located in Yerevan, Armenia. Currently, we manage $1 million in private equity and venture capital funds.
Mission
Our Mission is to provide highest possible returns to our investors via provision of targeted equity and debt investments to technology firms and to support the development of technology related industries in Armenia.
The main objectives of the Fund are: creation of new jobs, growth and development of the technology industries and markets, rise in exports, increase in taxes, development of capital and financial markets, and other positive effects on the Armenian economy and business environment.
Business Strategy
The Fund concentrates on the technology sectors including but not limited to the following areas: software development and consulting, internet services, telecommunications, industrial automation, electronics, precision engineering, alternative energy technologies, biotechnology, health and medical care related products and services, and other technological areas.
In general, we will invest no more than 25% of the Fund’s total committed capital in a particular project, and our total investments will not exceed 50% of the total committed capital in any single industry sector. Our combined investments in seed or start-up stage companies will not exceed 30% of the Fund\'s overall portfolio.
The Fund will make its initial investment(s) in the first 18-month period from the start of operations. We expect to divest our investments in a particular company within 5-8 years.
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