May 25th, 2011 → 7:46 pm @ admin
Private funding: EUR 4.7 million from US and EU private sector.
Public funding: EUR 15.8 million from the EU’s JEREMIE Program (administered by MV Zrt.)
Total fund size: EUR 22.5 million (HUF 6.2 billion)
Investment strategy: fast-growing SMEs (growth investment)
Sector focus: technology, services
Geographic focus: companies registered in Hungary
Average investment size: EUR 0.3-4.5 million/company, average EUR 2 million
Investments to date: See Portfolio (hyperlink to Portfolio)
Use of Funds: product/service development, sales, expansion
Planned holding period: 2-6 years