Successful applicants are looking for investments, not donations.
LSV offers loans, equity financing, financial guarantees and in some cases, grants.
LSV prefers to give loans as it enables both financier and venture to target a particular stage of development and make a joint journey together, stopping to assess whether the partnership is the ideal one for the next phase as well or if other sources of finance should be sought. Equity financing is possible but comes with a long term commitment and limitations in future rounds of financing that the entrepreneur may wish to avoid.
LSV does not finance foundations or give grants other than for purposes of business development in the form of local market validation of models proven elsewhere.
Out of the applications LSV has received, 85% are for investments (loan or equity) and 10% are for grants or donations, the rest asking for non-financial support.