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Reference: 20120138
Release date: 18 June 2012

Promoter – Financial Intermediary

Accelerator Technology Holdings

Location

Description

Participation in a closed-end venture capital fund seeking to invest start-up and expansion capital in seed, early and growth stage information and communications technology (ICT) small and medium-sized enterprises located mainly in Jordan.

Objectives

To nurture early stage entrepreneurship from local seed to global competitiveness.

Comments

Sector(s)

  • Services - Financial and insurance activities

Proposed EIB finance (Approximate amount)

EUR 8 million

Total cost (Approximate amount)

EUR 20 million

Environmental aspects

The Fund is committed to comply with EIB's Environmental and Social standards.

Procurement

n.a.

Status

Signed - 18/12/2012

Disclaimer

Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

Related tags

Jordan Services