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Accelerator 2

Accelerator 2

Accelerator 2 is a venture capital instrument financed from the Innovation Fund  and designed to promote innovation activity though investment into promising micro and small business startups.

Founded in 2020 at the initiative of the Ministry of Economy and Innovation, the Ministry of Finance and INVEGA, the Fund is financed from the State budget and Recovery and Resilience Facility.

What is the maximum amount?

18 million euros have been allocated for the implementation of the venture capital measure “Accelerator 2” from the Innovation Promotion Fund. The two financial intermediaries selected by INVEGA will also attract funds from independent private investors.

How does it work?

Following the selection of the two financial intermediaries, each will set up two venture capital funds – the Pre-seed Fund, which will carry out pre-acceleration and acceleration programmes and initial venture capital investments, and the Seed Fund, which will carry out venture capital investments.

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