The German Future Fund (GFF) - EIF Growth Facility

The GFF-EIF Growth Facility is a new equity mandate deployed by EIF and forms part of the EUR 10bn German Future Fund launched and backed by the German government, represented by the Federal Ministry for Economic Affairs and Energy and the Federal Ministry of Finance on 24 March 2021 (Press release - Launch of the “Zukunftsfonds”).

It will have a volume of up to EUR 3.5bn, funded from the German Future Fund administrated by KfW and KfW Capital, with systematic co-investments from the ERP-EIF Facility and the EIF.

The GFF-EIF Growth Facility supports further growth- and later stage financing in Germany as part of the broader ambition to sustain the development of a pan-European ecosystem that is able to back EU companies on their path to internationalisation and global leadership.

Against this background, EIF aims to leverage its unique experience and visibility in the market to deploy a broad range of equity instruments effectively supporting innovation, and focusing in particular on digitalisation, clean-tech, life sciences and other relevant sectors.

More specifically, our objectives under the GFF-EIF Growth Facility are to:

• seek attractive financial returns
• help structuring and improving the business proposition of fund managers targeting growth and later stages
• be a pari passu cornerstone investor for commercially viable teams
• promote best industry practice (fund structures, governance)
• provide a catalytic role through high quality due diligence process
• be a network gateway for VCs through EIF's large portfolio
• be a reliable and active investor and adding value throughout the investment process

As successor program of the *ERP-EIF Growth Facility, the GFF-EIF Growth Facility will be able to invest in new growth funds with relevance for Germany for a period of 10 years.

Are you a fund manager interested in partnering with us under the GFF-EIF Growth Facility?

The GFF-EIF Growth Facility aims to invest in teams with complementary growth and later stage venture capital, technology and industry experience, and with an investment focus on Germany.

Read more here on how to submit and what to include in a fund proposal to the EIF: 
EIF for Venture Capital & Private Equity funds.

Information for SMEs

• If you are looking for funding and would like to see which financial intermediaries currently cooperate with us, please visit http://www.eif.org/what_we_do/where/index.htm and contact the intermediary in your country directly
• For information about finance available under further EU initiatives, please visit http://europa.eu/youreurope/business/funding-grants/access-to-finance