BADIA IMPACT FUND

Promoter – Financial Intermediary

Accelerator Technology Holdings

Location

• Jordan

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