Eight winners have been announced in a tender for the New Hungary Venture Capital Program (Új Magyarország Kockázati Tőkeprogram), which will see venture capital funds receiving EU backing to help finance local start-ups.
The eight winners were selected from among 18 applicants, and will be managing nearly Ft 45 billion (€165.75 million), of which the local firms will provide Ft 13.4 billion and the EU Ft 31.5 billion.
According to gazdasagiradio.hu, the winners are Big George's NV Equity Kockázati Tőkealap-kezelő, Central Fund Kockázati Tőkealap-kezelő Zrt, DBH Investment Kockázati Tőkealap-kezelő Zrt, Etalon Kockázati Tőkealap-kezelő Zrt, Finext Startup Kockázati Tőkealap-kezelő Zrt, Morando Kockázati Tőkealap-kezelő Zrt, Portfolion Kockázati Tőkealap-kezelő Zrt and Primus Capital Kockázati Tőkealap-kezelő Zrt.
(Hungary) Winners announced in tender for EU-financed venture capital funds
