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Italy: CDP Equity and Ministry of the Economy launch the "Large Venture Fund" for supporting start-ups in biotech and high-tech sectors

Description

On 8 November 2022, the Italian sovereign wealth fund, CDP Equity invested EUR 150 (USD 151) million in the newly created "Large Venture Fund". This fund will, in turn, invest in Italian late-stage st...

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Intervention Details

Intervention Type

Capital injection and equity stakes (including bailouts)

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

08 Nov 2022

Revocation date

No revocation date

Implementation level

NFI

Affected flow

Inward

Announced as temporary

No

Eligible firms

SMEs

Affected Trading Partners

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Affected Sectors

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Affected Products

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