Investing in Employment in the Middle East and North Africa Region

SANAD Entrepreneurship Academy

Eligibility Criteria for Partner Institutions / Clients

Though becoming a partner institution of the SANAD Fund for MSME is not a question of size or specialization, there are 3 key eligibility criteria:

MSME orientation

  • Strategic orientation towards micro, small and medium enterprises, including approach, policies and procedures
  • Minimum thresholds in outreach and regional diversification

Financial strength

  • Maintenance of minimum key financial ratios
  • Qualified management and sound internal systems and processes, e.g. risk management policies, management information systems and internal controls

ESG (Environmental, Social, Governance)

  • Maintenance and active promotion of good governance, integrity and transparency standards
  • Adoption of international and local social and environmental guidelines (e.g. exclusion lists)
  • Adherence to Responsible Finance principles
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