The Youth Enterprise Equity Fund (YEEF) is a seed-stage and early-stage venture capital fund promoted by the Saint Lucia Development Bank aimed at aiding young St. Lucian entrepreneurs realise their hopes, dreams and aspirations.
We invest in young people (18 - 35 years old) who have the skills, ambition and determination to take their business idea from concept to reality and sustainability. We invest in you by purchasing shares or stock in your company.
History has shown that entrepreneurs with proper training and brilliant ideas lack one key ingredient to realise their hopes and potential--startup funding. Traditional funding sources, like loan financing usually have repayment terms that constrain the growth of the business, especially if margins are low. Cash inflows which could be used to grow the business are diverted to loan repayment.
As a result, many businesses fail to live up to their potential. Equity financing solves this issue by freeing up your cash flows and allowing you to grow the business by reinvesting. Moreover, many young persons do not have the requirements to qualify for loans to invest in business.
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We provide more than just money. We want to ensure that your company grows and prospers. During the course of running a company, we know that young entrepreneurs face many challenges. We have established a team of business professionals and support systems to aid you in those challenging times. Our investment in you goes far beyond the initial capital provided. The YEEF will ensure that you get the support you need when you need it.