Translated version of this PSD: Polish
An equity investment in Innovation Nest Fund II SCSp (the "Fund"). The project will form part of the Bank's Early-Stage Innovation Facility, a EUR 100 million facility through which the EBRD selectively invests in commercially-oriented early-stage venture capital funds.
The Fund will make equity, quasi-equity, and equity related investments predominantly in early-stage cloud based B2B software companies in Central and South-Eastern Europe, with the objective of achieving long-term capital appreciation.
The project will contribute towards the overall transition goals of the Early-Stage Innovation Facility, specifically seeking to enhance the resilience of financial markets by expanding the local venture capital asset class and increasing the competitiveness of innovation MSMEs.
INNOVATION NEST II SCSP
The Fund is managed by Innovation Nest II GP S.a r.l.
EBRD Finance Summary
An equity commitment of up to EUR 8 million.
Total Project Cost
The target size of the Fund is EUR 50 million.
Environmental and Social Summary
Categorised FI (ESP 2014). The Fund will be required to comply with EBRD's Performance Requirements 2, 4 and 9, adopt and implement EBRD's Environmental and Social Risk Management Procedures for Active Equity Funds and submit Annual Environmental and Social Reports to the Bank.
Company Contact Information
Chris Kobylecki, COO
+48 502 403 637
Ludwinowska 7/8, Krakow
For business opportunities or procurement, contact the client company.
EBRD project enquiries not related to procurement:
Tel: +44 20 7338 7168
Public Information Policy (PIP)
The PIP sets out how the EBRD discloses information and consults with its stakeholders so as to promote better awareness and understanding of its strategies, policies and operations. Please visit the Public Information Policy page below to find out how to request a Public Sector Board Report.
Text of the PIP