The European Bank for Reconstruction and Development (EBRD) is launching a new €100m venture capital investment programme for early and growth stage companies operating in technology sectors.
The programme will target innovative, high-growth small and medium sized companies, which operate in software and web services, semi-conductors and materials, communications, mobility and media and clean technology sectors. The Bank will invest in 10-20 companies over the next four years and will seek to invest alongside local and international venture capital investors.
The fund will focus on the EBRD region – including Russia and Turkey and the future region of the southern and eastern Mediterranean, which is under-served by venture capital investment.
FinSMEs
09/01/2012