Microfinance typically helps very small-scale businesses in developing countries; larger banks and investors may get involved once a company develops and matures, with investments of $50 million or more.

That leaves a huge gap for small and growing companies, which Capria, a Seattle investment company, refers to as the “missing middle.” That’s the group Alitheia plans to invest in — companies that are too large or fast-growing for small microfinance loans, but are not yet large enough to attract banks.

Born out of ideas gleaned from Unitus, a Seattle-based microfinance fund, Capria has launched an accelerator in Seattle designed specifically for investment fund managers from developing countries who support businesses in their home countries.

“We saw a big opportunity to play a role in bringing together global best practices and partnering with local fund managers,” Capria principal Jack Knellinger said.

Capria has brought together fund managers from Nigeria, Guatemala, Turkey and many other places for workshops on impact investing, sharing challenges and success stories from their experiences. During the courses, fund managers learn about pitching, team conflict, and various aspects of investing.

Read the full article in The Seattle Times.