[Event] Capital Mobilization Challenge attracted 61 Applicants
After 2 month announcement, Capital Mobilization Challenge (CMC), organized by Unkapt, has attracted applications form 61 SMEs across Southeast Asia. The Challenge is the first launch of Unkapt as a debt private placement marketplace offering SMEs in emerging and developing countries the opportunities to use innovative finance to raise capital among a network of accredited investors. It is based on similar concepts such as USPP and ECPP save that Unkapt focuses on: 1) impact investment mandates; 2) investee firms that are strongly aligned with sustainable development goals (“SDG”); and 3) investee firms that are either part of the ‘missing middle’ or providing assistance to the ‘missing middle’.
Unkapt will choose 10 best candidates to the CMC workshop to prepare for their investment readiness before helping them to raising fund by Unkapt platform.