AddVenture’s primary objective is to nurture the growth and expansion of local businesses resulting in significant job creation, economic growth and increased international competitiveness.
AddVenture makes equity investments in qualifying companies in accordance with the provisions of the Venture Capital Act (1994) and its attendant regulations. AddVenture is also allowed to make permitted investments as defined in the Act, such as investments in cash and near cash assets held at an institution licensed under the Financial Institutions Act (1993). In addition to providing equity capital, the Company's functions include the provision of managerial and business expertise to those companies in which it already has made (or is considering making) an investment.
Add Venture Capital Fund Limited was incorporated as a limited liability company under the Companies Ordinance on
Management of AddVenture is provided by Clico Investment Bank Limited. As Fund Manager of AddVenture Capital Fund Limited, CIB's core functions will include the selection, mobilization and monitoring of various projects as well as the solicitation of funds from potential investors.
For further information contact:
Mr. Ian Philip
Business Analyst
Clico Investment Bank
Corner Southern Main Road and Chrissie Terrace
Chaguanas,
Tel: (868) 671-9386, 8817, 7081
Fax: (868) 665-0924
Email: iphilip@clicoinvestmentbank.com
Website: www.cibtt.com
Email : N/A