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Decision procedures
The decision-making process
The process of entering into cooperation with a company begins when we receive a business plan for the project.
When making investment decisions we pay particular attention to:
- the originality and intellectual value of the project concept,
- the maturity of the business concept of the project,
- the vision and development strategy of the enterprise,
- the business environment in which the enterprise operates or will operate,
- the skills and achievements of the people in charge.
Every project proposal we receive is assigned to an investment manager who assesses the vision of the enterprise and decides whether the development strategy is realistic, as well as making a judgement regarding the competence of the company management team. The investment manager then prepares a Project Report which is reviewed by BBI Capital Management Board. If the project is given the go-ahead, contractual terms are agreed with the new partners and a Letter of Intention is signed.
In subsequent weeks legal and financial due diligence studies are carried out. The Letter of Intent and the results of the studies are then used as a basis for negotiating the wording of the Investment Contract. The final decision on whether to back a project is taken by the Management Board of BBI Capital NFI.
From start to finish the decision-making process usually lasts around two months, though it may be speeded up if necessary.
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