Call for Participation
Selection of Investment Partner for the Implementation of the
Financing Product “Fund of Funds through a First-Loss Tranche”
Please review the Financing Product before submitting your application dossier.
Who Can Apply?
Investment funds
Fund managers
Investment management entities
Other entities eligible under the provisions of the Financing Product
Investment Amount per Growth-Potential SME:
- minimum: MDL 10.000.000
- maximum: MDL 80.000.000
For each investment, at least 50% of the investment value must be provided in the form of equity capital.
ODA Budget Allocation for 2026 -
MDL 60.000.000
Application Deadline
Applications may be submitted during the following period:
18 June 2026 – 16 September 2026, 23:59 (EET)
Application Form (Annex No. 4 to the Financing Product);
Key team member Declaration, for each designated key team member;
Consent Declaration for the processing of personal data, where applicable;
List of minimum required documents and information to be included in the Application Dossier (Section 7 of the Call for Participation).
Eligibility Criteria
Specific Eligibility Criteria for Investment Partners:
(1) Regional or International Investment Partners
Regional or international investment partners shall:
- Demonstrate at least 5 years of experience in investment fund management; and
- Commit, through a written undertaking, to recruit at least two investment team members based in the Republic of Moldova.
(2) Local Investment Partners
For investments in growth-potential enterprises, local investment partners shall demonstrate experience in financial intermediation or transaction advisory services, evidenced by participation in at least two transactions in the Republic of Moldova during the last three years; or ownership of shares/participation interests representing at least 30% of the company's share capital.