Greece launches € 400 million Equifund

The government of Greece, with the support of the European Investment Bank (EIB), the European Investment Fund (EIF) and the European Commission, have launched Equifund. This initiative is also supported by the European Fund for Strategic Investments (the “Juncker Plan”). Strategic partners such as the Onassis Foundation and the National Bank of Greece have also contributed to the funds. Equifund is a fund-of-funds that provides capital to private sector for the purposes of supporting three different levels of innovation and entrepreneurship: Innovation: Greek researchers and scientists Early Stage: Greek start-ups; Growth: Established Greek companies seeking growth capital Over € 400 millio