ČMZRB published call for Risk Capital - IPO Fund program

Published: 27.01.2021 Related countries:  Singapore Singapore

ČMZRB published call for Risk Capital - IPO Fund program

The Group of the Czech-Moravian Guarantee and Development Bank (ČMZRB), in cooperation with the Ministry of Industry and Trade (MPO), has published a call for the Risk Capital - IPO Fund program. The instrument is financed from the Operational Program Enterprise and Innovation for Competitiveness (OP EIC). CZK 330m is allocated from European funds for the program. The aim is to mobilize private resources and support investment in SME capital. The fund could support ca. 10 investments. ČMZRB will thus purchase minority shares in SMEs that issue shares on the START market of the Prague Stock Exchange (PSE), up to 30% of the issue. Applications for the repurchase of shares can be submitted via the websites of the subsidiary ČMZRB investiční or the Prague Stock Exchange. (Source: ČIA News)