Subscribe     Pay Now

Various Countries Project Notice - Regional Venture Capital Investment Programme


Project Notice

PNR 66315
Project Name Regional Venture capital investment programme
Project Detail Location: Regional Project number: 42746 Business sector: Telecommunications, Media and Technology Notice type: Private English-language PSD published: 03 Dec 2024 Project Description This PSD relates to a historical Bank project approved some years ago, and does not represent a new approval, or allocation of new funds. Disclosure of this PSD was deferred in accordance with the transparency framework in place at the time, but due to an administrative oversight, was not subsequently disclosed The EBRD approved allocation of EUR 100 million to a venture capital investment programme (VCIP) with a view to investing in 10 – 20 companies with high quality entrepreneurs and management teams to support development of innovative technologies and business models so as to move from product development to commercialisation, or from early revenue stage to larger market opportunity stage. Investments were to take place in technology sectors including software and web services, semiconductors and materials, communications, mobility and media, and clean tech, in Poland, Estonia, Bulgaria, Ukraine and Turkey. Project Objectives The transaction was intended to target innovative and high growth SMEs in the region, to channel important venture capital support and interest toward technology investment. It was anticipated that this would allow for development and maintenance of an extensive network of relationships with global and local venture capital investors to promote technology investments.
Funded By European Bank for Reconstruction and Development (EBRD)
Country Various Countries , Southern Asia
Project Value Plz Refer Document

Contact Information

Company Name European Bank for Reconstruction and Development (EBRD)
Address EBRD project enquiries not related to procurement: Tel: +44 20 7338 7168 Email: projectenquiries@ebrd.com
Web Site https://www.ebrd.com/work-with-us/projects/psd/42746.html

Tell us about your Product / Services,
We will Find Tenders for you