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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 data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    Related tags

    Jordan Services