BayBG announces new fund for Bavaria
The BayBG Bayerische Beteiligungs-gesellschaft, Munich, has announced the launch of a new risk capital fund for the Mittelstand. The fund targets innovative technology companies from all Bavarian regions, excluding the Munich area, and Mittelstand companies from Eastern Bavaria with growth strategies. Investors are BayBG and the European fund for regional development (EFRE). The fund invests EUR0.2m to EUR1.5m per company.
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