EquiFund: Financing growth and innovation in Greece

The EquiFund fund of funds was set up in Greece with an overall volume of EUR 448 million and nine equity financial instruments. It provides equity financing to companies that are established or have a branch in Greece and aims to accelerate the development of venture capital and private equity in Greece.

It is co-financed by the European Regional Development Fund (ERDF) through the Operational Programme EPAnEK, national funds and resources from the European Investment Bank (EIB) and the European Investment Fund (EIF). The fund of funds manager of EquiFund is the EIF, which selected the fund managers to manage the funds within three investment windows: the ‘Innovation window’, the ‘Early Stage window’ and the ‘Growth Stage window’.

Watch this Showcase 2023 video and read the material below to find out more!

Video file
Submitting organisation:
European Investment Fund and Ministry of Development and Investments

Type of authority:
European institution and Managing Authority of Competitiveness Programme

Financial instrument name:
EquiFund, OP Competitiveness, Entrepreneurship & Innovation
Funding source:
ERDF

Type of financial product:
Equity, quasi-equity

Financial size:
EUR 500 million, of which EUR 200 million from EPAnEK Operational Programme