Our partner Silvestras Tamutis shared his practical venture capital investment and fund management experience in the ‘Financial instruments under the European Structural and Investment Funds (ESIF) in the 2014-2020 period' event in Brussels organised by the European Investment Bank (EIB) and the European Commission. The event brought together professionals from across Europe to share best practice and exchange experiences on venture capital and other financial instruments co-funded by the European Structural and Investment Funds.
ESIF are a significant source of capital for the VC&PE funds in Europe in addition to other sources of public and private sector capital. They contribute to the development of the VC&PE industries in the continent, which in turn fuel the growth of young businesses and SMEs there.
In the Baltic countries, Structural Funds invested or reinvested by the European Investment Fund (EIF) and local Governments through their respective national agencies (Invega in Lithuania, Altum in Latvia, KredEx in Estonia) acting as anchor investors in VC&PE funds are a catalyst of the significant additional private sector and other public capital raised by these funds playing major role in the industry and startup ecosystem development in the region.Back to news