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EquiFund deploys €260M investment in Greece

04 December 17 - RE+D Magazine
EquiFund deploys €260M investment in Greece

COMPANIES

ETAD.A.E.

Public entity - GREECE

IBI Group

Consultant - GREECE

Savills

Consultant - GREECE

Solum Property Solutions

Consultant - GREECE

PEOPLE

Antulio Richetta

Director IBI Group
EquiFund will distribute 260 million euros to the Greek market after the activation of a new investment platform in 2018, offering a further boost to Greek business activity.

 

EquiFund will use 200 million euros in capital from European and national funds and another 60 million euros from the European Investment Fund, a report by Foundation in cooperation with EIT Digital said on Monday.

The report stressed that "despite adverse economic conditions, Greek startup companies, such as Persado and Taxibeat, are seeking and achieve significant funding opportunities".

The report also said that from 2013 to 2016, around 55 million euros were chanelled in four funding programmes through the Jeremie initiative of the European Investment Fund, while in total 72 million euros were invested in more than 60 companies in Greece.

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