|Stage||Stage 3: Proof of Concept and Stage 4: Transition to Scale|
|Region||Low and Middle Income Countries|
The target company must be at anearly development stage. However, we will consider proposals (e.g. on joint ventures) from more established companies as long as they involve the establishment of a new company or concepts.
We have a preference for companieslocated in developing countries, but will also consider investing in companies in industrialised countries as long as their business focuses on developing countries or has considerable potential for being further developed through focusing on developing countries.Differ will therefore focus on selected, rapidly growing developing countries, primarily in Africa and Asia.
|Potential for Scale||The companies Differ decides to invest in must therefore have a scalable technology and business strategy.||REQUIRED|
|Other||We seek deals where weprovide a combination ofcash and sweat equity, andtake anactive rolein business development.|