The deadline for submitting applications to participate in the selection procedure for a financial intermediary to implement the Fund “Entrepreneurship – Venture Capital” has expired. The total public resources under the instrument amount to EUR 34.5 million and are provided under the Competitiveness and Innovation in Enterprises Programme 2021–2027, co-financed by the European Union.
The applicants that submitted applications within the prescribed deadline are:
SFVC Consortium;
Nexira Ventures DZZD;
NexGrow Ventures Consortium;
LOT Dventures Consortium.
The financial instrument is designed to support small and medium-sized enterprises (SMEs) at an early stage of development, with a view to enabling their commercialisation and sustainable market positioning, as well as businesses with high growth potential, including companies demonstrating significant growth in employment or turnover. The instrument facilitates access to equity capital during the early stages of business development, with the investment period running until the end of 2030.
The next stage of the procedure involves verifying the applicants' compliance with the eligibility requirements and the selection criteria. Applicants admitted to the next stage will be invited to submit their initial offers.
