In order for CICDTF to create the necessary fund, applicants must support the project contribution for equity and purchase of A, AA or AAA rated insurance policy to wrap up not more than $500M USD asset collateral and a 15% Equity Seed Contribution.
PRIVATE PLACEMENT PROGRAM (PPP)
SEED CAPITAL DEVELOPMENT
PRIVATE EQUITY FUNDING (PEF)
This is where the applicant is unable to provide the 15% Equity and have a private Individual or Organization to be represented and provide such Equity Contribution in a private understanding strictly with the applicant. For CICDTF to create the necessary Fund, applicants must provide contribution for equity from the Equity Funding party and purchase of A, AA or AAA rated insurance policy to wrap up not more than$500M USD asset collateral provided byPRIVATE EQUITY
INDIVIDUAL OR GROUP. The insurance policy will be pledged to the project and act as the required collateral for the project. The cost of the Government’s Equity Contribution to enable the insurance policy.