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EAF Finland

EAF Finland co-invests with selected experienced Business Angels into innovative Finnish early stage SMEs.

Investment partner for experienced business angels

EAF Finland co-invests with selected experienced Business Angels into innovative Finnish early stage SMEs.

BFVC has committed EUR 15 million in the EAF Finland angel fund. The fund's size is EUR 30 million and its other investor and advisor is the European Investment Fund. The fund is aimed at experienced business angels, in support of their investments in innovative startup SMEs.

The fund's operating model is part of the European Investment Fund's Angel Investment Programme. Six other EU countries besides Finland have funds that operate on the same principle.

How does an angel fund work?

The business angels make decisions about investments and exits on behalf of themselves and the fund. Co-investments are made on a 50–50 principle, meaning that the fund and the business angel will invest the same amount in the company

How to apply for the program?

The business angels acting as the fund's partners will be chosen by the European Investment Fund; the business angels are required to have the following:

  • Experience and networks in the industry being invested in
  • Track record of several successful investments
  • The ability to find promising companies
  • The ability to invest at least EUR 250,000 within the next ten years

For more information and instructions on applying, please see the European Investment Fund's website

 

Contact us

For more information please contact the personnel of Business Finland Venture Capital Ltd.

Contact information for Venture Capital