PFR NCBR CVC Fund is a Fund-of-Funds intending to invest in CVC & VC funds more than PLN 800 m and more than PLN 1,6 b including private investor funds. This is the first Polish Fund-of-Funds providing financing in the CVC segment.
PFR NCBR CVC intends to create between 8 and 12 funds with capitalizations of PLN 80-320 m. Over the next few years, the funds will invest in small and medium technology companies. Besides the VC-type financial support, these companies will be given the opportunity to verify their ideas in a given corporation. When the role of the private investor in the fund will be an international corporation, Polish innovative projects will gain an additional possibility of faster expansion abroad.
Participation of NCBR CVC 50% (remaining contribution provided by private investors / corporations)
increase of innovativeness and competitiveness of Polish economy
increase of interest of corporations in innovative technological projects
ca. EUR 200 m
Type of Fund
Fund of funds about the capitalization of ca. EUR 200 m
- Corporate Venture Capital / Venture Capital Funds
- independent management entity / autonomy in decision-making
- capitalization up to EUR 80 m
- flexible legal forms
Investment value of up to EUR 15 m (growth and expansion)
from 2017 to 2023
Open VC/CVC funds selection process, up to EUR 200 m