Innogest Launches €40M VC Fund to Invest in Italian SMEs

Italian Ministry of Economic Development‘s National fund for Innovation launched a new vehicle designed to invest in Small and Medium Sized Enterprises.

Ipgest, a new €40.9m fund, will provide venture capital to companies that will make investments designed to increase the economic value of their patents.

The vehicle, managed by Innogest, will invest up to €1,5m in each company in a twelve month period.

The Italian National fund for Innovation contributed €20m to the fund.



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