Investment & Fund Management
was launched by the European Investment
Full Credential Description
The Dutch Venture Initiative II (DVI-II) was launched by the European Investment Fund (EIF) and PPM Oost to address the financing gap faced by small and medium-sized enterprises (SMEs) in the Netherlands, particularly in sectors such as ICT, clean-tech, med-tech, renewable energy, and life sciences. The initiative aimed to provide essential investment capital to innovative companies, which are crucial for maintaining economic competitiveness and prosperity.
DVI-II is a EUR 200 million Fund-of-funds that targets investments in venture and growth capital funds, including hybrid debt/equity funds. The initiative is designed to attract additional institutional investors, with a goal of reaching a final size of EUR 300 million. This structure is unique within the Dutch venture capital ecosystem, allowing institutional investors to access high-tech businesses that would otherwise be unattainable.
The initiative builds on the success of its predecessor, DVI-I, which demonstrated positive results in supporting the venture capital market in the Netherlands. The EIF's Chief Executive, Pier Luigi Gilibert, emphasized that DVI-II would catalyze additional investments and stimulate demand for risk capital finance, thereby enhancing the VC ecosystem in the country. The combined efforts of the EIF and PPM Oost are expected to significantly support innovative Dutch SMEs in scaling their operations and maximizing their market potential.