📋 Tender Overview
Project ID: 57738
Status: Passed Concept Review, Pending Final Review
Location: Regional
Industry Sector: Telecommunications Media and Technology
Notice Type: Private
Environmental Category: B
Approval Date: 21 Oct 2026
Disclosure date: 14 Sep 2026
Project Description
The EBRD, through its Venture Capital Investment Programme IV (VCIP IV), which is a continuation of the venture capital investment programme of the Bank through three previous frameworks, VCIP I, VCIP II and VCIP III, will aim to invest in early and growth-stage technology companies via equity and equity-linked instruments (investment size up to €25 million) in the Bank's countries of operation alongside with experienced venture capital co-investors. Investments target innovative and high growth small and medium-sized companies largely under-served by the limited venture capital community to help fill the venture capital equity gap in the region.
Project Objectives
The overarching objective of VCIP IV is the development and commercialisation of innovative technologies and attracting top venture capital funds to the Bank's countries of operation where the availability of venture capital is still very low and the venture capital ecosystems are still nascent.
Other key objectives: (i) the VCIP Frameworks enable the Bank to foster knowledge economies in the EBRD region, develop technology ecosystems and support innovation; (ii) the Bank, through the VCIP Frameworks, plays an important role in bridging the venture capital funding gap that exists in the EBRD region (iii) the VCIP Frameworks allow the Bank to maintain a specialised portfolio approach to higher risk / higher return investment opportunities.
