Inveready and European Investment Fund sign agreement for startup financing
Inveready y el Fondo Europeo de Inversiones firman acuerdo para la financiación de start-ups tecnológicas
Intel ID : 242299
| Synopsis |
|
Inveready Venture Finance, a Spain-based venture capital firm, signed an agreement with the European Investment Fund (EIF) to increase the access to financing of technological startups in Spain, announced the company in a press release issued on 7 November 2016. The agreement will allow Inveready to give EUR 10m in loans over the next two years, especially targeting SMEs in early stages with credit risk too high to access bank financing. The agreement is part of the initiative "InnovFin - EU Finance for Innovators", a project that receives financial support from Horizon 2020.
(content in spanish)
Inveready Venture Finance, venture capital español, ha firmado un acuerdo con el Fondo Europeo de Inversiones (FEI) para aumentar el acceso a la financiación de start-ups tecnológicas en España, según ha informado la empresa en un comunicado publicado el 7 de noviembre de 2016. El acuerdo permitirá que Inveready otorgue EUR 10m en préstamos en los próximos dos años, dirigidos especialmente a pymes en fases iniciales con riesgo crediticio demasiado elevado para acceder a la financiación bancaria. El acuerdo se enmarca en la iniciativa "Financiación InnovFin de la UE para innovadores", un proyecto que recibe apoyo financiero del Horizonte 2020. |
Relevant Documents
| Press Release | 07 Nov 2016 | Nota_de_Prensa_Inveready_FEI_VF.pdf | ES |
|
| Intel ID | 242299 | |
| Value | EUR 10,00m | |
| Native Currency | Euro (EUR) | |
|
Financial Data - Inveready Venture Finance I
(31 Dec 2021) |
Net Debt: EUR 4,00m |
|
| Date |
 |
|
| Country |  |
|
| Region | ||
| Continent | |
|
| Geography | |
|
| Subsector (Old TTR Sectors) |
|
|
| Type |
|
|
| Intel Grade |
|
|
| Source |
|
|
| Tags | |
Bidder
| Name |
|
||
| Subsector (Old TTR Sectors) |
|
||
| Primary Sector (TTRSC) |
25.01.99 Other Banking & Investment 25 Financial Services / 25.01 Banking & Investment |
||
| Secondary Sectors (TTRSC) |
25.03.02 Real Estate Investment Trusts (REITs) 25 Financial Services / 25.03 Real Estate |
||
| Country |
|
||
| Website |
|
||
| Description |
|
Ultimate Owner (Buyer)
| Name |
|
||
| Subsector (Old TTR Sectors) |
|
||
| Primary Sector (TTRSC) |
25.01.01 Asset Management 25 Financial Services / 25.01 Banking & Investment |
||
| Secondary Sectors (TTRSC) |
25.01.09 Private Equity 25 Financial Services / 25.01 Banking & Investment 25.01.10 Venture Capital 25 Financial Services / 25.01 Banking & Investment |
||
| Country |
|
||
| Website |
|
||
| Description |
|
Radar
| Date | Title | Type | Intel Grade | Country | Subsector | ||
|
|
|
|
|
|
|
|
Legend:
Verified: Confirmed as a party to an active or possible transaction.
Potential: Unconfirmed as a party to an active or possible transaction.
Retained: Confirmed as “Retained” with a general or specific mandate.
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.