THE National Venture Capital Fund (NVCF) is finally edging closer to full-scale operation, with staff recruitment currently underway after a slow start since its establishment in 2021, largely due to funding constraints.
The NVCF was created by the government with the goal of providing a revolving fund to support local start-ups. Former Zimbabwe Investment Development Agency chief investment officer, Tino Kambasha, was recently appointed as the NVCF’s chief executive.