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    Référence: 20090347
    Date de publication: 17 septembre 2009

    Promoteur – Intermédiaire Financier

    Early stage IT companies based in the Palestinian Territories



    Participation in a venture capital fund currently being established, which will primarily invest in early stage private, export oriented businesses located in the Palestinian Territories and active in business services, software and communication.


    The Fund would be the first venture capital fund focusing on the Palestinian Territories. It will support the development of the financial sector and private sector in the Palestinian Territories by providing equity or quasi-equity financing for the expansion of local early stage companies, which completely lack a source of venture capital financing that is critical for their growth.


    Montant BEI envisagé (montant approximatif)

    EUR 5 million (to be financed under the FEMIP Trust Fund)

    Coût total (montant approximatif)

    Total size of the Fund is between USD 35 million and USD 50 million.

    Aspects environnementaux

    Not applicable

    Passation des marchés

    Not applicable


    Approuvé - 12/10/2009

    Clause de non-responsabilité

    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).

    Mots-clés correspondants

    Ensemble des Pays Méditerranée Services