SID Bank - Fund of Funds manager
On 24 November 2017, the Ministry of Economic Development and Technology and SID Bank signed a financing agreement, under which the Fund of Funds was created. That fund is intended for the use of European cohesion funds. The aforementioned ministry appointed SID Bank as manager of the Fund of Funds, into which €253 million will be paid from European cohesion funds that are available to Slovenia within the 2014–2020 financial framework until 2023 for the purpose of financing development and entrepreneurship.
The purpose of the fund created as such is the promotion and financing of sustainable economic growth and development, investments in innovation and current operations through debt and equity financing focused on four areas: research, development and innovation, small and medium-sized enterprises, energy efficiency and urban development.
Financial intermidiaries founds
Founds for final recipients
22. November 2021
Portfolio guarantees for SMEs are available under the Fund of funds
Within the Fund of Funds, SID Bank is expanding access to financing for developmentally important projects for small and medium-sized enterprises with a new financial instrument, portfolio guarantees...
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