CIP available for technology companies in the Netherlands

Through the Competitiveness and Innovation Framework Programme" (CIP), EIF has invested EUR 25m in HPE PRO Institutional Fund, a growth capital fund targeting technology companies in the Netherlands. This transaction was made under the CIP GIF2 window which aims to support the establishment of growth innovative technology SMEs in their expansion phase. Finding commercial and business development potential in companies with strong intellectual property, based on innovative and validated technologies, is one of HPE PRO management team’s main priorities. This includes managing the companies’ expansion, implementing new marketing tools, reinforcing their financial controlling and supporting their transition from national to international businesses.

Press contacts:

• Joëlle Harvey, EIF Communications, tel +352 426 688 346, e-mail: j.harvey@eif.org