Venture capital

Since 1997, the EIB has been deploying throughout the European Union a venture capital facility designed to strengthen the equity base of high-technology SMEs and those with strong growth potential.

Operations under this heading encompass financing for:

  • venture capital funds,
  • security packages for such funds,
  • conditional and subordinated loans.

They are being mounted in close cooperation with the banking and financial communities in the Member States.

On 7 December 2000, the EIB and the European Investment Fund (EIF) signed a Master Agreement strengthening the relations between the two institutions in general and streamlining the type of operations offered by each institution (see EIB Group).

An important point of this agreement concerns the transfer of the management of all existing EIB risk capital investments to the EIF.

The EIF will be the only point of contact for all venture capital and SME portfolio guarantee transactions within the EIB group. Consult www.eif.org to find the list of intermediaries.


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http://www.eib.org/products/venture_capital/index.htm