2017 marks a great start for the SME Instrument with more innovative companies joining, more private investment attracted and more exits than ever before.
The total amount of private equity funding raised since the beginning of the programme is € 697 million invested in over 100 companies. For this year only the amount is € 250 million. The trends are cyclical with peaks in spring and autumn and contrasting lows in between. The most attractive field for private equity investment is medical and healthcare, followed by clean technologies, transport and energy. In 2017 513 new companies have joined our portfolio.
Every € 1of SMEI funding has attracted €1,44 of private investment which brings to attraction of €1 billion private funding in total.