describe preliminary investigation
Answers
Explanation:
There is no standard application form for IFC financing. A company or entrepreneur, foreign or domestic, seeking to establish a new venture or expand an existing enterprise can approach IFC directly. This is best done by reading how to apply for financing, and by submitting an investment proposal.
Proposals can be submitted to IFC’s industry departments; regional departments at IFC headquarters in Washington; or the regional field office closest to the location of the proposed project.
An investment proposal should include the following preliminary information:
1. Brief description of project.
2. Sponsorship, management & technical assistance:
History and business of sponsors, including financial information.
Proposed management arrangements and names and curricula vitae of managers.
Description of technical arrangements and other external assistance (management, production, marketing, finance, etc.).
3. Market & sales:
Projected production volumes, unit prices, sales objectives, and market share of proposed venture.
Potential users of products and distribution channels to be used.
Present sources of supply for products.
Future competition and possibility that market may be satisfied by substitute products.
Tariff protection or import restrictions affecting products.
Critical factors that determine market potential.