{"id":8663,"date":"2022-12-28T08:53:21","date_gmt":"2022-12-28T08:53:21","guid":{"rendered":"https:\/\/dev-espa.summerize.io\/the-greek-fund-of-funds-will-invest-up-to-e1-billion-in-startups\/"},"modified":"2023-09-03T11:08:11","modified_gmt":"2023-09-03T11:08:11","slug":"the-greek-fund-of-funds-will-invest-up-to-e1-billion-in-startups","status":"publish","type":"post","link":"https:\/\/espa.io\/en\/the-greek-fund-of-funds-will-invest-up-to-e1-billion-in-startups\/","title":{"rendered":"To \u03b5\u03bb\u03bb\u03b7\u03bd\u03b9\u03ba\u03cc EquiFund-Fund-of-Funds \u03b8\u03b1 \u03b5\u03c0\u03b5\u03bd\u03b4\u03cd\u03c3\u03b5\u03b9 \u03ad\u03c9\u03c2 1 \u03b4\u03b9\u03c3. in Startups"},"content":{"rendered":"\n
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In the presence of the Prime Minister<\/strong> and the President of the European Investment Fund<\/a> (EIF)<\/strong>, the contract for the creation of the EquiFund Venture Capital Fund<\/strong> was signed yesterday.<\/p>\n\n

EquiFund – Greek Fund-of-Funds<\/strong><\/h2>\n\n

The new Fund will start with funds from European and National resources, from the European Investment Fund but also from private and institutional investors that will overcome 300 million euro.<\/strong><\/p>\n\n

According to the \u03a5\u03c0\u03bf\u03c5\u03c1\u03b3\u03b5\u03af\u03bf \u039f\u03b9\u03ba\u03bf\u03bd\u03bf\u03bc\u03af\u03b1\u03c2<\/a><\/strong> \u03c4\u03bf \u03c3\u03c5\u03bd\u03bf\u03bb\u03b9\u03ba\u03cc \u03b1\u03c0\u03bf\u03c4\u03ad\u03bb\u03b5\u03c3\u03bc\u03b1 \u03c0\u03bf\u03c5 \u03bc\u03c0\u03bf\u03c1\u03b5\u03af \u03bd\u03b1 \u03b1\u03c0\u03bf\u03c6\u03ad\u03c1\u03b5\u03b9 \u03b7 \u03b5\u03c0\u03b5\u03bd\u03b4\u03c5\u03c4\u03b9\u03ba\u03ae \u03c0\u03bb\u03b1\u03c4\u03c6\u03cc\u03c1\u03bc\u03b1 \u03b5\u03af\u03bd\u03b1\u03b9 \u03c0\u03bf\u03bb\u03bb\u03b1\u03c0\u03bb\u03ac\u03c3\u03b9\u03bf \u03c4\u03c9\u03bd \u03b1\u03c1\u03c7\u03b9\u03ba\u03ce\u03bd \u03c0\u03cc\u03c1\u03c9\u03bd \u03c0\u03bf\u03c5 \u03b4\u03b5\u03c3\u03bc\u03b5\u03cd\u03bf\u03bd\u03c4\u03b1\u03b9, \u03b1\u03c6\u03bf\u03cd \u03bc\u03c0\u03bf\u03c1\u03b5\u03af \u03bd\u03b1 \u03c0\u03c1\u03bf\u03c3\u03b5\u03b3\u03b3\u03af\u03c3\u03b5\u03b9 leverage factor finally close to 10<\/strong> since private co-investors, international credit institutions (EIB, EBRD, Black Sea Bank, World Bank, etc.), the fund manager and the company itself will contribute financially.<\/p>\n\n

EquiFund<\/strong> will be managed by the European Investment Fund (EIF)<\/strong>, a member of the European Investment Bank<\/strong> group.<\/p>\n\n

The funding will be carried out through intermediary holding funds resulting from a competitive tendering process.<\/strong> Securing the financing of businesses enables high value-added investments to be made, which would not have been possible otherwise.<\/p>\n\n

Where will Equifund invest?<\/strong><\/h2>\n\n

There will be three main areas of investment, the so-called “windows” of the platform:<\/p>\n\n