Devcap
DEVCAP is the Caribbean's private equity partner for Small and Medium-sized enterprises fostering Growth, Expansion, and Competitiveness

Business Activities
Private Equity or Development Capital provides equity capital to private enterprises that are not yet quoted on a stock market. It refers to all stages in the life of a company and to needs ranging from venture capital to buyouts. Caribbean Development Capital Ltd (DEVCAP) is in that business. DEVCAP's Private Equity business is comprised of investment funds that focus on:

>Structured equity investments
>Mezzanine investments
>Venture capital and growth capital investments
>Investments in other private equity funds (such as the Innovation and technology Fund - INTEQ)
>Value-adding regional and domestic leveraged buyouts

There is a wide range of philosophies, investment styles and preferences among the many individuals and institutions in more or less the same business.

So, why should you choose DEVCAP?

    We listen to you first
    We invest in people. Present your own business plan directly to us in your own way. Then let your independent advisers work with us to ensure that real needs are identified and implementable solutions are created - get maximum value from the fees you pay to your advisors and to us

    Our objectives are the same as yours

      >We want a high return on investment from a partnership in a solid, honest, successful enterprise that makes profitable use of all available opportunities and deals fairly with everyone - if you share the same business philosophy we can be partners in business

      >You want to see your business grow into the next generation and we want to see new generations of business growing through innovation and creating value for our societies - our partnership would enable us to add value to your vision.

      >You cannot spend much time negotiating financing deals - we can't either - this is not about our financial expertise, this is about business sense and timing

      >Low margins that will not cover your costs and accommodate your risk will not keep you in business - this also applies to us, so as partners, we should be able to understand each other's position

      >Business partnership is one thing, eternal life is another matter - you don't want us around forever and we want to exit gracefully when our role is done

       

    We invest in People
    Our business philosophy is that the dedication, integrity, creativity, enterprise and determination of a capable leader make a viable business enterprise successful.

     

    We are a socially responsible investor


    >DEVCAP seeks investments that preserve the ecological environment, promote biological diversity and nurture a natural environment that sustains a community

    >DEVCAP creates and makes use of suitable technology to replace the industrial processes that endanger the physical health and well-being of the society as a whole

     

    We add value to your business

    >Our Parent Company -DFL Caribbean - has been doing this successfully for more than 12 years
    >We specialise in industry
    >We have a wide range of professional competences
    >Management consultancy services
    >Technology Consulting
    >Management Training
    >Our parent company has high standards of corporate governance and a long-term international credit rating

     

    We are focused on the Caribbean

    >We are dedicated to Small and Medium-sized enterprises throughout the region
    >We are confident that our skills, capability and experience will enable us to structure financing that meets the needs of our clients
    >Our existing portfolio comprises private enterprises in Trinidad and Tobago, St. Lucia, Grenada, Guyana, Suriname and Aruba

     

    We are interested in a wide range of business enterprises

    >Manufacturing, Tourism, Information Technology
    >Agro-Industry, Industrial and Commercial Services
    >Private Healthcare , Private Education
    >    Professional and personal care services

     

    We seek out and invest in companies that are founded on a solid STRUCTURE:

    >Strong personal and family values
    >The development of young people
    >Respect for the environment
    >Use of technology
    >Commitment to sound accounting and business practices
    >The application of risk management principles
    >Un-equivocal dedication to customer service
    >Realistic assessment of opportunities
    >Entrepreneurial or family ownership

     

    We seek partners who are:


    >Entrepreneurs who are prepared to treat DEVCAP equitably
    >Dedicated, creative, entrepreneurial and determined leaders with integrity
    > Companies that follow modern principles and practices of corporate governance
    > Companies in which a majority of Directors have significant personal financial interest in the business
    > Engaged in businesses with market growth potential
    > Willing to diversify and have expansion capabilities

     

    For further information, please direct your enquiries to:

    Gillian Golah
    Managing Director, Devcapital Limited.
    E-mail: ggolah@devcapital.net
    Telephone:(868)-625-5104   Fax: 623-8491

     

  
     
 

Our Vision
Our view of development and democracy is that capital alone is not enough. It takes partnerships and people with integrity and responsibility to build sound, honest, profitable, growing enterprises that will sustain equitable and independent societies in the Caribbean.

Our Mission
The Mission of Caribbean Development Capital Limited is to provide private equity that adds value to the vision of entrepreneurs who will provide adequate and continuous returns to our investors and shareholders.

Announcing The INTEQ Fund
Innovation & Technology Equity Fund
>DFL's new Equity Fund
> Designed for early stage investments of US$50,000 or up to 45% of total cash equity in partnership with innovators - only in technologically innovative SMEs

Proposals
The Fund will consider proposals related to the development of new activities or the introduction of new methods or systems of production based on innovative technology in product, service or process, as evidenced by one or more of the following:

>The formal establishment of intellectual property rights, owned by the company or obtained under an exclusive licensing agreement

> Recognition of the innovative character by competent, professional science and technology practitioners, academics or industry technical papers, journals or other authoritative sources

> Any other convincing demonstration of the innovative character of the project acceptable to the Directors of the Equity Fund

Access to INTEQ
> Confidential interview with the General Manager and senior technical staff of Caribbean Development Network Limited to determine eligibility or feasibility

> Preparation of a proposal either by CDN or by any professional firm or organization of business service providers who have worked closely with CDN or with its associates

> INTEQ will not required or accept formal Business Plans or details of any proprietary product, service or process until and unless we have a mutual agreement with you after initial discussions

Essential Conditions
> Shareholders' Agreement

> Innovator's or Developer's Agreement must specify the rights, rewards and benefits of the Innovator or Developer

>Confidentiality Agreements must protect both the promoters and the Equity Fund

> The Equity Fund will not have any obligation to invest or to provide any information on its investments process or decisions until and unless it has signed a formal Shareholders' Agreement that includes a formal offer by the Equity Fund and an acceptance by the company

> Development concepts and scenarios must show that practical implementation can be achieved within 24 hours and at least 80% probability of a 30% return on investments within five years

> Projects must be based on international competitiveness using local resources including intellectual capital, materials, services, utilities and physical attributes.

 

  

 

 
         
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