Small Investment Program
MIGA’s Small Investment Program (SIP) is designed to grow the agency’s support for small and medium-size investors by offering:
MIGA insures new investments associated with the expansion, modernization, or financial restructuring of existing projects in its developing member countries. New investments are those that have neither been made nor irrevocably committed on the date of submission to MIGA of a SIP Definitive Application for Guarantee signed by the investor. more
Eligible investors include nationals of MIGA member countries and corporations if they are incorporated and have a principal place of business in a member country, or if they are majority-owned by nationals of member countries. Although the SIP has no restrictions with respect to the size of the investor, the program is specifically designed to assist small and medium-size investors with their foreign direct investment activities. more
Breach of contract is not offered under SIP, but investors requiring breach of contract cover may apply through MIGA’s regular guarantee program. Although the total size of the investment may be larger than $10 million, the application for investment guarantee must be less than US$10 million. more
MIGA has a dedicated SIP team that guides investors through the application and underwriting process.
For more information, contact:
t. 202.458.2538
f. 202.522.2630 migainquiry@worldbank.org
|