… capital funds should not hinder but support any healthy and innovative business endeavors. The success of entrepreneurial ventures should be founded upon the human ability and the proper use of capital funds. Venture capital is the funding tool which possesses the best combination of ingredients for success. Businesses which made use of VC funds exhibited spectacular growth when compared to their counterparts.
For us in HDBI (ex TANEO), the Sovereign Fund-of-Funds of Greece, VC funds are not just a monetary investment. They are the means for reshaping the economy and for building solid and sustainable businesses. They are the vehicle for visions to come true. And last but not least they are the way to identify and promote the inherent values within every enterprise.
#FinancingInnovation
#WeInvestForGrowth
Calls for Expression of Interest
New
Q-equity
The Hellenic Development Bank of Investments S.A. (HDBI ex TANEO), implementing the Equity Platform tool of the National Recovery and Resilience Plan “Greece 2.0”, announces the formation of the second investment program under the name “Q-equity”.Through the “Q-equity” program, which aims at attracting private funds and at covering a wide range of investment strategies, HDBI will invest a total of € 400 million in investment schemes.HDBI is therefore inviting interested parties to submit proposals for the establishment and management of venture capital funds / private equity funds, that will invest though equity and/or quasi equity instruments in enterprises that maintain an establishment in the Greek territory at the time of investment.
New
InnovateNow
The Hellenic Development Bank of Investments S.A. (ex TANEO), in its role as the Equity Platform for the National Recovery and Resilience Plan “Greece 2.0”, and its dedication for the continuous support of the Greek ecosystem of the innovative entrepreneurship #FinancingInnovation, introduces a new specially designed investment instrument called “InnovateNow”. This instrument has been created in cooperation with the Recovery and Resilience Facility, the Ministry of Finance and the Ministry of Development and Investments.“InnovateNow” is a fund-of-funds aiming at the establishment of investment schemes, which in turn will cover the entire financing chain of Greek start-ups with extroverted characteristics and prospects for significant scalability. The total public funding channeled through HDBI amounts to € 100 million.The investment schemes (Venture Capital funds) shall be established with additional participation from Private Investors.
Ongoing
AccelerateTT
The Hellenic Development Bank of Investments S.A. (HDBI, ex TANEO) continues its efforts in supporting the Greek innovative start-up ecosystem by introducing a new targeted financing instrument, in cooperation with the Ministry of Development and Investments, named “AccelerateTT”. This program aspires to cover the entirety of the financing needs of Greek innovative start-ups with extrovert characteristics and prospects of significant growth potential (scalability) and to support Technology Transfer. The total public funding through HDBI amounts to 60 million euros, its objective being the establishment of investment schemes (Venture Capital funds) with the participation of Private Investors.
Ongoing
Coinvestment fund
As part of its ongoing targeted actions to attract and support investments in Greece, the Hellenic Development Bank of Investments S.A. (HDBI, ex TANEO), has launched a new investment program entitled “Coinvestment Fund”, amounting to 100 million euros (public participation). Under this Call, HDBI invites interested investment schemes (venture capital – private equity funds) from Greece and abroad to submit proposals for co-investment in the form of equity or quasi equity in small and medium-sized enterprises (SMEs) or mid-caps active in the Greek territory.
Ongoing
Restructuring – Made in Greece – 4IR – Debt fund
In the framework of the Development Strategy of the Ministry of Economy and Development, the Hellenic Development Bank of Investments (HDBI, ex “TANEO”) implements a €700 million (public contribution) investment program in four actions, aiming to mobilize more than € 1 billion for investments in SMEs. HDBI hereby invites all interested investors and fund managers who intend to set up Venture Capital Mutual Funds (Amoivaia Kefalaia Epicheirimatikon Symmetochon) or Venture Capital Companies (Etairies Kefalaiou Epicheirimatikon Symmetochon) or similar venture capital entities operating under the laws of a European Union member state to submit proposals for the participation of HDBI in such schemes.
Ongoing
Green Greek Funds
As part of its ongoing targeted actions to attract and support investments in Greece, the Hellenic Development Bank of Investments S.A. (HDBI, ex TANEO), has launched a new investment program entitled “Greek Green Funds”, amounting to 400 million euros (public participation). Under this Call, HDBI invites interested parties to submit proposals for the establishment and management of investment schemes (venture capital – private equity funds). These investment schemes should be managed by private sector entities with market criteria which will invest though equity participation and/or convertible bonds and/or rights bearing bonds, in new or existing small and medium-sized enterprises (SMEs) or Special Purpose-Project Companies.
New
Q-equity
The Hellenic Development Bank of Investments S.A. (HDBI ex TANEO), implementing the Equity Platform tool of the National Recovery and Resilience Plan “Greece 2.0”, announces the formation of the second investment program under the name “Q-equity”.
Through the “Q-equity” program, which aims at attracting private funds and at covering a wide range of investment strategies, HDBI will invest a total of € 400 million in investment schemes
New
InnovateNow
The Hellenic Development Bank of Investments S.A. (ex TANEO), in its role as the Equity Platform for the National Recovery and Resilience Plan “Greece 2.0”, and its dedication for the continuous support of the Greek ecosystem of the innovative entrepreneurship #FinancingInnovation, introduces ….
Ongoing
AccelerateTT
The Hellenic Development Bank of Investments S.A. (HDBI, ex TANEO) continues its efforts in supporting the Greek innovative start-up ecosystem by introducing a new targeted financing instrument, in cooperation with…
Ongoing
Coinvestment fund
In pursuit of its targeted actions to attract and develop investments in Greece, the Hellenic Development Bank of Investments (HDBI) has announced a new investment-financing product in risk capital under the name “Coinvestment Fund”…
Ongoing
Restructuring – Made in Greece – 4IR – Debt fund
In the framework of the Development Strategy of the Ministry of Economy and Development, the New Economy Development Fund (“TANEO”) implements a €700 million (public contribution)…
Ongoing
Green Greek Funds
As part of its ongoing targeted actions to attract and support investments in Greece, the Hellenic Development Bank of Investments S.A. (HDBI, ex TANEO), has launched a new investment program entitled “Green Greek Funds”…
Process of Submission and Evaluation of Investment Proposals for Indirect Investments
Press Releases
New
Mubadala extends co-investment with Hellenic Development Bank of Investments (HDBI)
The €400 million co-investment partnership, first signed in 2018, was renewed during the state visit to the UAE of Greek Prime Minister Kyriakos Mitsotakis Mubadala and HDBI closed first transaction under the extended agreement with a co-investment in a Greek ventures fund Representing Mubadala and the Hellenic Development Bank for Investments today were Khaldoon Khalifa Al Mubarak, Managing Director and Group CEO of Mubadala, and His Excellency Yannis Tsakiris, Deputy Minister for Development and Investments, on behalf of HDBI.9 May 2022, Abu Dhabi, UAE/Athens, Greece: During Greek Prime Minister Kyriakos Mitsotakis’s official state visit to the United Arab Emirates, Abu Dhabi-based sovereign investor, Mubadala Investment Company (“Mubadala”) and Hellenic Development Bank of Investments (“HDBI”).
New
ADQ announces 4 billion euros investment partnership with Greece
Abu Dhabi, UAE: ADQ, an Abu Dhabi-based investment and holding company, has signed an investment partnership agreement with the Hellenic Development Bank (HDB), the national development bank of Greece, and Hellenic Development Bank of Investments (HDBI), the Sovereign Fund-of-Funds of Greece, to fund investments worth 4 billion euros across multiple sectors and asset classes of the Greek economy.The event took place in Abu Dhabi in the presence of His Highness Sheikh Mohamed bin Zayed Al Nayhan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and His Excellency Kostas Fragogiannis, the Deputy Minister for Economic Diplomacy and Openness at the Greek Ministry of Foreign Affairs.
New
Growing Together gathered 300 entrepreneurs, investors, bankers and representatives of European institutions from 8 European countries in Athens on 4 April.
Conceived as a gathering of Europe’s driving forces (entrepreneurs, investment funds, development banks and European institutions), “Growing Together” is an initiative co-organized by Bpifrance, the French public Investment Bank, the Hellenic Development Bank (HDB) and the Hellenic Development Bank of Investments (HDBI). The event will take place in Athens on April 4th, 2022.Athens, April 1st – This event aims to demonstrate, by example, the effectiveness of the model of national development banks as a driver for innovation, growth and economic attractiveness of their ecosystem. It is also intended to contribute to their essential collaboration at the European level. This event is under the patronage of Greek Ministry of Development and Investments.
Isabelle Bébéar of Bpifrance joins the BoD of HDBI (ex TANEO)
Ms. Isabelle Bébéar has been appointed as non-executive Vice President at the Board of Directors of the Hellenic Development Bank of Investments SA (HDBI, ex TANEO).Ms. Bébéar is Director, Head of International & European Affairs at Bpifrance, the French Public Investment Bank (former CDC Enterprises).
The Deputy Minister of Development and Investments, Mr. Ioannis Tsakiris, stated:
“The need for proper and modern corporate governance is imperative nowadays especially in organizations like HDBI. Isabelle’s election to the Board of Directors as Vice President, considering her international experience in positions of responsibility held at the French Development Bank together with her exposure in best management practices
“AccelerateTT”: A new fund of funds from HDBI to finance innovative start-ups and technology transfer
The Hellenic Development Bank of Investments (HDBI, ex-TANEO), continues its investment efforts with targeted investment tools in strengthening the Greek innovative entrepreneurship and technology transfer ecosystem, in cooperation with the Ministry of Development and Investments. HDBI, has always believed that innovative entrepreneurship and technology transfer from research centers to the market is a basic pillar of the Greek market development, and now this belief is backed up by the strong interest and placements of international investors in Greek start-ups. Towards this direction, HDBI has established a new program, named “AccelerateTT”.
