Line of Financing for Special Purpose Vehicles Owned by Business Angels (2nd phase)
Call for Tenders to select financial intermediaries that will receive financial resources from the Equity and Quasi-Equity Fund (FC&QC), managed by IFD – Instituição Financeira de Desenvolvimento, S.A., within the financial instrument Line of Financing for Special Purpose Vehicles Owned by Business Angels (2nd phase), with a total endowment from the FC&QC of 18.540.067,73€.
This call for tenders is governed by the Portuguese Public Procurement Code and intends to select and finance Special Purpose Vehicles owned by Business Angels, as defined in the call and annexed product data sheet.
The financial intermediaries are entitled to submit applications to this call through the certified platform VortalGov. This call was also published in Portuguese Diário da Repúblicaand in the Official Journal of the European Union.
IFD estimates that this line of financing, co-financed by the Portugal 2020 Programme (Regional Operational Programmes of Algarve, Lisbon and North and by POCI-Compete), will enable a direct financing to SME of over 30 million euros.
Relevant documents of the call here.
Porto, January 04th, 2017