Kinetic

Last updated: 03/11/2026

Program Overview

Program description and objectives:

Kinetic is BII’s most risk-tolerant catalytic capital portfolio. It enables high impact in sectors, geographies or technologies where risks, financing gaps or required concessionality exceed the appetite of BII’s Growth or Catalyst capital. Kinetic supports climate innovation, frontier market development and mobilisation structures.

Instrument types offered:

Guarantees, Grants, Concessional and catalytic debt, Catalytic equity

Potential instrument structures offered (optional):

Flexible loansFirst-loss equity in investment vehiclesGrant as capex into a capital structureResults-based grant

Institutions this program is normally offered to:

Investment funds, Microfinance institutions, Commercial banks, Corporates (including SMEs)

Eligible regions:

AfricaAsia

Eligible intermediate regions (optional):

Eastern AfricaMiddle AfricaNorthern AfricaSouthern AfricaWestern AfricaSouth-eastern AsiaSouthern Asia

Eligible sectors:

AgricultureEnergyFinancial servicesGeneral servicesIndustry and tradeInfrastructure (Non - Energy)Other

Eligible subsectors (optional):

ManufacturingTechnology and Telecommunications

Program status:

Open

Formal application process:

Program webpage (optional):

https://www.bii.co.uk/en/about/our-company/investment-portfolios/kinetic/

Primary point of contact for this program:

Request more information?

Optional offering details

Main currencies available:

USD - US dollar, Selected Local Currencies

Preferred ticket size range (in USD equivalent)

Debt, equity, or guarantee:

$1 million - 5 million USD, $5 million - 10 million USD, $10 million - 20 million USD

Technical assistance offered:

TA is usually prioritised for Catalytic Capital investments, subject to funding availability and strategic priorities.

Examples of past successful projects:

https://www.bii.co.uk/en/news-insight/insight/articles/how-can-flexible-debt-support-capital-intensive-e-mobility-businesses/ https://www.bii.co.uk/en/news-insight/insight/articles/how-can-blended-finance-drive-climate-adaptation-and-resilience/ https://www.bii.co.uk/en/news-insight/insight/articles/whats-the-impact-of-providing-catalytic-capital-to-scale-e-buses-in-kenya-and-rwanda/

Optional eligibility information

Impact thematic focus:

Climate - Cross-cutting (adaptation and mitigation)Gender lens investingSocial inclusionOther

Description of impact objectives or requirements:

Certain sectors eligible for the use of Kinetic need to meet a minimum climate finance threshold. Our catalytic capital toolkit is deployed using a strategic approach in service of BII’s organisational impact objectives including market level impact, frontier markets and mobilisation.

Other eligibility criteria:

We apply the DFI Enhanced Blended Concessional Finance Principles for Private Sector Projects to guide the use of our Kinetic capital. Kinetic transactions are also subject to an assessment of risk, impact and deal dynamics.

Optional application process information

Pre-accreditation requirement:

Disclaimer

All information on catalytic capital providers and programs was submitted to GCBC by third party capital providers. The Catalytic Capital repository is an open-access online tool that lists information provided by catalytic capital providers in central location for public use.