Feasibility study – Support mechanism for the creation and development of SMEs (FIGA Phase 2)

Between January 2012 and January 2014, the Belgian Bankers Academy conducted Phase 2 of the FIGA feasibility study for the Government of Brazzaville. Based on the work of Phase 1, the team:

1. Refined the SME diagnosis : collection and analysis of socio-economic data (number of SMEs, priority sectors, location, investment needs and working capital).

2. Mapped the actors and synergies : identification of support structures (incubators, subcontracting exchange, financial intermediaries) and definition of the cooperation model.

3. Designed the three funds : detailed mechanisms and eligibility criteria for the Support Fund (bankable business plans), the Impulse Fund (co-financing) and the Guarantee Fund (risk sharing).

4. Modeled capitalization and risks : risk portfolio assumptions, co-financing scenarios, capital requirements for each of the three tools.

5. Structured institutional anchoring : establishment and management of an interministerial steering committee responsible for validating hypotheses, defining the roadmap and supervising future implementation.

6. Developed key deliverables : SWOT analyses, financial simulations, organizational model, management and governance standards, economic and social impact assessment.

7. Submitted & validated : restitution workshops with donors and final presentation of the roadmap and costed project.