ERP/Future Fund Growth Facility
The ERP/Future Fund Growth Facility, managed by KfW Capital, improves the venture capital supply for young technology companies in Germany. It invests in venture capital and venture debt funds in Germany and Europe to close the capital supply gap in the start-up and growth phases. The program is characterized by its indirect funding via established and new funds.
Who is Funded
The ERP/Future Fund Growth Facility is aimed at venture capital and venture debt funds based in Germany or Europe that primarily invest in technology-oriented start-ups and young growth companies in Germany. The program aims to close the capital supply gap in the German start-up and growth phases.
What is Funded
The program provides funding through investments in venture capital funds and “venture debt” funds. The focus is on funds that invest in technology-oriented industries and social enterprises to support companies in their start-up and growth phases.
Type and Scope of Funding
Funding is provided as an investment in venture capital and venture debt funds, with a maximum subscription volume per fund of EUR 50 million and the share in a fund not exceeding 19.99 percent.
Conditions and Requirements
Decisions on fund investments are made in several stages and generally under the same conditions as the participation of private co-investors. Target funds aim for a minimum volume of EUR 50 million.
Application Procedure
Applicants and managers of venture capital funds can directly contact KfW Capital to initiate the multi-stage investment decision process.
Legal Basis
The ERP/Future Fund Growth Facility is implemented by KfW Capital on behalf of and at the risk of the ERP Special Fund and the Federal Future Fund. Information on the program status is available from the Federal Ministry for Economic Affairs and Climate Action (BMWK) and KfW Capital.
Similar Programs
Funding Overview
Funding Status:
Open
Maximum Amount:
50,000,000 EUR
Allocated Budget:
Annual investment volume: initially EUR 200 million, increase to EUR 250 million p.a.
Open Until:
Ongoing
Award Channel:
Indirect Management Funding
Region:
Germany and Europe
Sectors:
Information and Communication Technology, Green Technology, Healthcare, Medical Technology, Pharmaceutical Industry, Social Enterprises
Application Type:
Single Applicant
Funding Stages:
Product Development, Market Introduction, Scaling, Commercialization
Funding Provider
Program Level:
National
Funding Body:
Federal Ministry for Economic Affairs and Climate Action (BMWK), ERP Special Fund, Federal Future Fund
Managed By:
KfW Capital
Website: