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project info
Start date: 6 December 2016
End date: 31 December 2023
funding
Fund: European Regional Development Fund (ERDF)
Total budget: 200 000 000,00 €
EU contribution: n/a
programme
Programming period: 2014-2020
Managing authority: Υπουργείο Οικονομίας, Ανάπτυξης και Τουρισμού/ Ειδική Υπηρεσία Διαχείρισης ΕΠ «Ανταγωνιστικότητα, Επιχειρηματικότητα και Καινοτομία»
beneficiary

Establishment of an Entrepreneurial Equity Fund

The Equity Fund is set up in order to strengthen the capital base of undertakings through the participation of third parties in their share capital. Given the existing market failures and in particular the limited access to financial capital, it is necessary to have financial instruments in the form of equity, which will allow the long-term development of an enterprise or investment. The portfolio fund to be established is currently foreseen to include the following sub-funds:1) Innovation and Technology Transfer Fund. 2) Entrepreneurial Accelerators3) Seed and Early Stage and 4 Equity Business Development Funds

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