Release date: 14 July 2020
Promoter – Financial IntermediaryLFA FOERDERBANK BAYERN
Risk finance participation in the German Venture Capital (VC) Fund Wachstumsfonds Bayern 2, which is backed by the Bavarian Regional Promotional Bank LfA. The VC-Fund undertakes investments in life science and technology companies alongside private co-investors.
The project objective is to strengthen the capital base and to provide capital for companies in the growth phase.
- Services - Financial and insurance activities
Proposed EIB finance (Approximate amount)
EUR 50 million
Total cost (Approximate amount)
EUR 165 million
In accordance with the Bank's policy to ensure that the investments carried out by the portfolio companies comply with the EU acquis in the field of environment, the Bank will require the Fund Manager to take all the requisite measures to ensure that the portfolio companies in which the Fund invests comply with relevant EU legislation and applicable national legislation, provided that it is in conformity with EU rules.
The Fund Manager will be required to ensure that implementation of the underlying projects is done in accordance with applicable national and EU legislation, as appropriate.
Signed - 22/03/2021
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).