Radar > 216993

Basque Fondo is created with EUR 5m to boost Basque companies

Nace Basque Fondo con EUR 5m para impulsar a empresas vascas

Intel ID : 216993
Synopsis

Basque Government, through Gestión de Capital Riesgo del País Vasco, created fund Basque Fondo with EUR 5m. The objective is to support Basque companies that have gone through the Ekintzaile program.

The fund will invest in two ways: equity loans and equity stakes in companies. Furthermore, Basque Fondo is divided into two sections, Basque Fondo section I y Basque Fondo section II, which will be applied according to each company's characteristics.
(content in spanish)

El Gobierno Vasco, a través de la entidad Gestión de Capital Riesgo del País Vasco, ha levantado el fondo Basque Fondo con EUR 5m. El objetivo es que vaya dirigido a empresas vascas que hayan pasado por el programa Ekintzaile.

El fondo invertirá mediante dos vías: préstamos participativos y participaciones en el capital de las empresas. Además, Basque Fondo se divide en dos tramos, Basque Fondo tramo I y Basque Fondo tramo II, que se aplicarán según las características de cada empresa.

Intel ID 216993
Value EUR 5,00m
Native Currency Euro (EUR)
Date
Country
Region
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
Source
Tags

Bidder

Name
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Country
Description

Ultimate Owner (Buyer)

Name
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Primary Sector (TTRSC)
25.01.10 Venture Capital
25 Financial Services / 25.01 Banking & Investment

Country
Website
Description

Legend:

verified Verified: Confirmed as a party to an active or possible transaction.

potential Potential: Unconfirmed as a party to an active or possible transaction.

retained Retained: Confirmed as “Retained” with a general or specific mandate.

prospect Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.

Transactional data is continuously updated by the research team and therefore is subject to change.