KUCHING, April 8: Cope Private Equity (COPE) has announced the Bridge Over Troubled Water (BOW) programme to help entrepreneurs navigate and get through this difficult time as the economy has been impacted by Covid-19.
The BOW programme, according to a media release today, is a RM20-40 million equity investment programme designed to bridge the capital needs of businesses through tough times and provide operational support for recovery and growth.
COPE founder Datuk Azam Azman noted that with rapid sales decline and supply chain disruption, many entrepreneurs need assistance beyond loan moratoriums and government assistance.
“Like all major upheavals, current events present both a significant threat and opportunity for businesses who are agile and responsive.
“We are looking for ambitious entrepreneurs with their feet on the ground and their eyes on the prize.
“When the day of recovery arrives, we want our investee companies to be well funded and be the first one off the blocks in launching new products and winning market share,” he added.
COPE has been investing in Malaysian businesses since 2005.
Other than providing capital, COPE agreed on a three-year strategic plan with entrepreneurs and assisted by strengthening the middle-management team, building up a robust IT system and incentivising staff for out-performance.
To learn more about the BOW Programme, visit http://copepartners.com/media-room-BOW-program.php.
COPE Private Equity is a mid-market private equity firm established in 2005 with assets under management (AuM) of RM600 million.
Over the years, COPE delivered good returns to investors, with one of its funds, COPE 2 identified by Preqin as the top-performing in Southeast Asia. COPE is one of the few fund managers in the region investing based on shariah principles. — DayakDaily
