About the Venture Capital Programme

Enterprises

Long-term investment in the share capital of enterprises with high growth potential, thereby facilitating an increase in their value, with a more rapid development and an expansion in operations.

Venture capital investments can be an investment in the enterprise’s share capital, in the form of quasi-capital or a loan.
Venture capital provides an opportunity to develop enterprises with great growth potential, and also innovative enterprises, in which traditional investors do not want to invest due to high risk factors.
Investment can be used to finance fixed assets and current assets.
The amount of investment in one enterprise can be up to EUR 1.5 million.
The amount of investment in business start-up can be from EUR 50,000 to EUR 200,000 with an option to attract additional investment in the future.
Investment term is from 3 to 4 years.
The investor becomes the business partner of the enterprise with whom the enterprise shares risks and revenues and who provides the enterprise with experience, knowledge and access to a large network of contacts and experts to facilitate the increase of turnover, profitability and value of the enterprise.
Investment of venture capital is made to promote the increase of the enterprise’s value, financing its more rapid growth and development.
Venture capital financing is provided as de minimis aid in line with the Commission Regulation (EU) No. 1407/2013 of 18 December 2013.
Venture capital financing is provided as regional aid in line with the Commission Regulation (EU) No. 651/2014 of 17 June 2014.
Venture capital financing is provided as Pari passu in line with Article 341 paragraph six of the Cabinet of Ministers Regulation No. 983 of 25 November 2008.