The objective of Empowerment via Investment:

Economic empowerment via investing aims to empower target groups such as entrepreneurs, farmers, youth, and the unemployed through co-investing in the creation of high impact medium to large projects. Such projects, given their size and impact would hold the potential of competing, reaching target markets and acquiring financing support. Moreover, the projects would integrate the underprivileged through offering them employment opportunities, ultimately allowing them to hold a financial stake in the project and become partners by transfer of ownership. Empowerment via Investment capitalizes on the potential and skills of the private sector, leveraging an existing un-utilized knowledge and asset base offered by individuals from the community combined with financial support from PNEEI, hence maximizing value delivery and growth potential via partnership.

Implementation Strategy:

Empowerment via Investment takes a sequence of steps towards co-investing in promising initiatives in partnership with the private sector, mainly being as follows:

• Soliciting for and exploring feasible opportunities for partnership and investment
• Screening and appraisal for proposals by investment team, while short listing suitable proposals/ideas on the basis of pre-established criteria
• Conducting a detailed feasibility study for short listed proposals
• Soliciting and forming partnerships with the private sector for projects that are deemed feasible
• Finalization of partnership agreement(s)
• Formation of a legal entity for project execution, including hiring of staff, sourcing of equipment and facilities and establishment of all internal policies, procedures and systems.
• Identification of project beneficiaries from within the establishment with a view of training and empowering them, ultimately transferring ownership of PNEEI shares directly to them in the future in case of PNEEI’s exit

Exit Strategy:

Once the project is established, expanded and is deemed sustainable upon receipt by PNEEI of the financial return on investment, full or partial transfer of ownership is conducted to the pre-identified beneficiaries of the project who would mostly be amongst the internal staff of the establishment. As such, beneficiaries would be left to run and manage the project independently having acquired the necessary experience knowledge in addition to an ownership stake.