Innovation Romania Holding Fund

The EIF and the Government of Romania have launched the Innovation Romania Holding Fund, a new innovation-focused fund of funds targeting early-stage financing gaps in the Romanian ecosystem by supporting three under-represented types of equity funds, through the following windows:

• Technology Transfer window.
• Accelerator window.
• Co-investment window.

The Innovation Romania Holding Fund is financed from the Operational Programme for Smart Growth, Digitalisation and Financial Instruments 2021-2027 (POCIDIF), with cofinancing from the European Regional Development Fund (ERDF), and is envisaged to continue to be financed in the next structural funds programming period.

The total allocation to the three windows is up to EUR 100 million, with no predetermined distribution among them.

Fund managers apply here

The EIF invites interested teams, whether incorporated or not at the time of application, to express their interest for a contribution under one or more of the windows according to the terms of the call for expression of interest below.

The EIF selects financial intermediaries based on a standard application and evaluation process including due diligence of applying fund managers. Please carefully read the call for expression of interest document and check the eligibility criteria before applying.

Deadline for applications: 15 November 2025

Applications and clarification questions must be sent by email to innovation-romania@eif.org.