Rome, 22 December 2020 – The portal dedicated to the 200 million euro Fund allocated by the Ministry of Economic Development in favour of innovative startups and SMEs, managed by CDP Venture Capital SGR – Fondo Nazionale Innovazione, majority-owned by Cassa depositi e prestiti through CDP Equity, will be going live on 7 January 2021. A tool that will help support and strengthen cooperation among the operators of the Italian Venture Capital ecosystem.
From the Fund’s portal, qualified and regulated investors operating in the territory will be able to put forward the innovative startups and SMEs in which they are about to invest or have invested in the last few months.
The loans will be made in matching with accredited investors. The capital invested by CDP Venture Capital SGR through the Fund will amount to a maximum of 4 times the value invested by them, with an overall cap of 1 million euro for each startup or SME invested in.
The investments, made through a convertible financial instrument, will be aimed at innovative startups and SMEs that have recently concluded, or are nearing conclusion of, an investment round with regulated or qualified investors.
The startups and SMEs receiving investments from the Fund will need to have their registered office in Italy and conduct their business or have development programmes in Italy, as well as meet the requirements laid down by the implementing decree.
All the information relating to the Fund is available as of today on the website www.cdpventurecapital.it and, as of 7 January 2021, the dedicated portal will be activated to enable investors to put forward innovative startups and SMEs.