Things
It is the main national venture capital intervention aimed at supporting the innovative growth of Italian companies. The FNI has a financial pool fed by public resources, used, together with private resources, to invest, directly and indirectly, in the capital of companies with high innovative potential. The available public resources amount to 310 million euros which flow into a special vehicle, called the "Mi SE co-investment fund". The management of the instrument is entrusted to CDP Venture Capital SpA, an asset management company (SGR).
Who is it aimed at?
The FNI invests in the share capital of startups, scaleups and innovative SMEs with high development potential, not listed on regulated markets, which are in the seed financing, start-up financing, business start-up or scale up financing phases .
What does it predict
Direct investment in the share capital of SMEs and indirect through participation in shares of venture capital funds (OICR) that support the growth of innovative SMEs. The intervention of the FNI takes place at market conditions and within the limits established by the interministerial decree of 27 June 2019.
