Global Trade Alert
Global Trade Alert

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

Announcement

08 Nov 2022

In November 2022, the Italian national development bank CDP Equity and the Italian Ministry of Enterprises and Made in Italy collectively invested in the launch of a fund dedicated to the growth of late-stage Italian startups.

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

08 Nov 2022

Revocation date:

No revocation date

Updated: 08 Nov 2022
Financial assistance in foreign market In force

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...

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Updated: 08 Nov 2022
Capital injection and equity stakes (including bailouts) In force

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...

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