Venture Capital Fund
Optimize the financial setup of your direct investments abroad with the additional participation of the Venture Capital Fund
For direct investments abroad only, SIMEST’s direct participation can be supported by that of the Venture Capital Fund, a public instrument with highly favorable conditions, which SIMEST manages in agreement with the Italian Ministry of Foreign Affairs and International Cooperation.
You can also find our instruments on export.gov.it
Who it’s for
All companies that make productive, commercial or technological innovation investments abroad with the direct participation of SIMEST.
How it works
The Italian company can ask SIMEST for a total stake (SIMEST + Venture Capital Fund) up to a maximum of 49% of the overall capitalization.
The participation of the Venture Capital Fund also:
Cannot be more than double the SIMEST stake (the size of the Fund’s stake is also established on the basis of the characteristics of the partners and the investment project);
Jointly with SIMEST, it cannot exceed the share held by the Italian partners
SIMEST’s overall involvement is based on the market. For the additional participation of the Venture Capital Fund, the remuneration is equal to the ECB rate + a spread commensurate with the size class of the company.
Further terms and conditions for the participation of the Venture Capital Fund are defined during the structuring phase of the intervention and usually follow those envisaged for the direct participation of SIMEST.