ERP - Eligibility Criteria

European Recovery Programme (ERP)-EIF Dachfonds

The European Recovery Programme (ERP)-EIF Dachfonds is an EUR 500m fund of funds (Dachfonds) investing in venture capital funds focussing in  high-tech companies in Germany (in early stages -seed, A/B rounds- and/or Expansion/Development stages) to support the development of the German venture capital sector.

EIF manages the facility on behalf of the German Federal Ministry of Economics and Technology (BMWi).

EIF is a long-term and pro-active investor, acting as a commercial investor, seeking an appropriate return on its investments.

The ERP-EIF Dachfonds:

  • Seeks attractive financial returns
  • Helps structuring and improving the business proposition of Venture Capital teams
  • Is a pari passu cornerstone investor for commercially viable teams
  • Promotes best industry practice (fund structures, governance)
  • Provides a catalytic role through high quality due diligence process
  • Is a network gate for VCs through EIF's large portfolio
  • Is a reliable and active investor adding value throughout the investment process.

Technologies

ERP covers all technology areas (ICT, Life Sciences, energy-related, emerging and converging technologies).

Geography

Funds are not restricted to invest solely in German companies, although the main focus of investments should be in Germany.

Investment approach

ERP invests in early stage and development companies, namely, Initial investments in early stages (seed, A/B rounds) and/or Expansion/Development stages.
The ERP-EIF Dachfonds

  • Seeks attractive financial returns;
  • Helps structuring and improving the business proposition of VC teams;
  • Is a pari passu cornerstone investor for commercially viable teams
  • Promotes best industry practice (fund structures, governance)
  • Provides a catalytic role through high quality due diligence process;
  • Is a network gate for VCs through EIF's large portfolio;
  • Is a reliable and active investor adding value throughout the investment process.

ERP-EIF Dachfonds Team

Teams with fundraising projects are welcome to directly contact the ERP team. The basis of a screening of any investment opportunity is a comprehensive concept paper and/or draft Private Placement Memorandum.

Further information on the investment criteria and investment process.

The ERP team is fully integrated in EIF's organisation and has full access to all EIF resources. The team brings together fund of funds, Venture Capital investment, technology and legal expertise.

  • Dr. Matthias Ummenhofer
  • Dr. Markus Schillo
  • Sybille Kellner
  • Assistant: Martina Veit
Contact:

Tel.: +352 42 66 88 308
Fax: +352 42 66 88 301
E-mail m.veit@eif.org

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