SEAF is a non-for-profit fund management group that invests growth capital and provides technical assistance to locally owned SMEs with high growth potential. In October 2005, SEAF launched the SEAF South Balkan Fund (SBF) to provide long-term equity and quasi-equity capital to small and medium enterprises (SMEs) in Serbia, Montenegro, and Macedonia. SEAF looked to build greater unity between neighboring nations through economic partnerships.