In a Nutshell…
At Prowgress we incubate and accelerate high +impact ventures. Aside from financial success, we strive to deliver measurable positive social and/or environmental outcomes. We do this across a multitude of business areas. Our core focus is targeted at the Real Estate and Agribusiness sectors.
Prowgress primarily functions as an incubator and accelerator. We operate as an umbrella organisation. This set-up affords us the ability to maintain our integrity and core focus: incubating and accelerating high impact ventures. It also provides stakeholders in each spin-off maximum freedom and flexibility in structuring (and de-risking) each specific endeavour in accordance to its specific needs and demands.
A Bit More Detail…
Prowgress and its stakeholders have undertaken, mostly at their own risk and expense, over 100 real-estate projects (mostly multi-million Euro deals) across Europe. We have experience and current interests in both commercial and residential real-estate including development, redevelopment, acquisition, management and, disposition thereof. Our track-record (GIPS standard) and references are available for consultation by relevant parties.
Our current primary focus is targeted at providing affordable housing at scale, specifically in the London Metropolitan Area. We do this by utilising advantageous financing structures, engaging in strategic Public Private Partnerships (PPP) and through leveraging the advances achieved through Modern Methods of Construction. Its the combination/perfect storm of all the above factors that make this a perfect fit within the scope of our impact focussed approach to business.
Our Agribusiness activities stretch all the way from East to West Africa. We have specific experience in Ghana and Kenya. In both countries we have successfully founded various agribusiness related ventures, specifically cash-crops related activities, from farming to processing and marketing (from seed to fork). Our core crops have been focussed on Stevia and Moringa production. We have a successful 15 year track record in the agribusiness sector.
Funding can be the bottleneck and killer to many great business ideas, especially when operating in the sphere of agribusiness in LEDCs. For this reason we work with an array of funders, and have established our own Social Impact Fund to ensure the right ventures receive the required funding. Our fund consists of a PPP where a combination of private capital and soft government funded loans constitute the core capital of our fund. The fund is perpetual in nature, and at all times holds in excess of 15m EUR in liquid/investable funds.
