Because early spring is just about the best time to be in the Maltese micro-capital.
Vineet Rai, founder and CEO, Aavishkaar, a micro venture capital fund, which has invested in four of Fabindia's supply chain organizations, may seem unusually alarmist.
Tiny Tap an iPad application that lets you or your children create playable books and games using easy DIY tools, announced that it raised a $500,000 round of seed funding from Inimiti, a new $35 million Israeli micro venture capital fund.
Over the course of the 3 month program, startup teams get micro seed capital, a free incubator environment, intensive mentoring from 50+ serial entrepreneurs and subject experts, and a chance to raise funding by the end of the program through pitching to 100+ investors.
10 startups have the opportunity to be part of a 3 month program where they are offered micro seed capital in an incubator environment, with skilled mentors and an Investor Day as the grand finale to attract further funding to their business.
Accordingly, the paper brings forward the policy recommendations, including: diversifying peasants' income channels, increasing non-agricultural income and reducing the dependence on agriculture; improving government's risk management capacity and establishing drought emergency management programs; developing rural micro-credit capital markets and a variety of intermediary organizations.
It's a variation on the marketplace theme that has enabled companies like AgFunder, CircleUp, AngelList, OurCrowd and others to take a page from the private investment playbook and create investment opportunities for qualified investors to act as their own micro-venture capital and private-equity shops.
The regulator-participator model of Chinese government in promoting and protecting majority of sectors in the economy still leaves small and micro enterprises with capital problems.
The round led by Foundation Capital with participation from Google Ventures, Rick Thompson, as well as other prominent angel investors and micro-cap venture capital firms.
The demand side encourages the commercial banks to provide finance to the small businesses through guarantees and provide more financial assistance through the affordable cost of capital, micro-finance, and innovation fund.
This latest round brings the total amount raised to $33 million, with previous investors that include Square Peg Capital, JAL Ventures, Oryzn Capital and Micro Angel Fund.
