July 21, 2016

Impact Fund

What is Unlimited Impact Fund?

Unlimited Impact fund is targeted to fund startup companies with the intention of creating measurable and beneficial social impact, along with a financial return. Unlimited Impact Fund aspires to be one of the most successful seed-funding that will benefit the society. Based in Kathmandu, Nepal, the Unlimited Impact Fund supports promising innovative ideas that creates a great impact in the society. We focus on supporting aspiring entrepreneurs to become real time problem solvers.

Why Unlimited Impact Fund?

Unlimited Impact fund is all about creating an impact. It is an investment fund with a difference. The sole motivation for this fund is creating an impact in the society and simultaneously creating a profitable business. While investors look at the viability and profitability of a business, Unlimited Impact Fund looks at the positive change it can create in the society.

We believe that Unlimited Impact Fund is essential to foster innovative ideas and to support the testing and development of ideas for the next generation. Allowing the best ideas to scale up and change the world, we want to nurture, foster and provide the necessary environment and resources for ideas to be implemented in reality.

Who should apply for Unlimited Impact Fund?

Any tech startup that plans to make a social impact while planning sustainable business.

How to apply?

1.       Initial Connection

The best way to engage with us is to get a referral from someone we trust. We focus the majority of our time on companies that are referred to us through our network. Alternatively, you can also submit your business plan online.

 

2.       Introductory Meeting

Companies that meet our investment criteria will be invited to meet with Unlimited Venture staffs. The objective of this meeting is to have a conversation about your business, explore how we can work together, and share feedback. An investor deck is typically a good framework for guiding the dialog.

 

3.       Screening Committee Meeting

The company will deliver a 10 minute presentation followed by 5 minute Q&A to Unlimited Venture Screening Committee. If the company’s proposal is considered interesting, due diligence will be conducted for the company.

 

4.       Due Diligence

Due diligence is an investigation of a business or person prior to signing a contract. After it is completed, the company will sign a contract for compliance and receive the fund as per the contract.

OR

Email us at “mic@micnepal.org”