What we do
Institutional investors
Equity products
AI Co-Investment Facility
Cleantech Co-Investment Facility
Impact investing at the EIF
Climate & Infrastructure Funds
Technology Transfer
European Angels Fund (EAF) - Co-investments with Business Angels
Venture capital
The Social Impact Accelerator (SIA)
Lower mid-market
Mezzanine Facility for Growth
VentureEU
EFSI Equity instrument
Single EU Equity Financial Instrument
COSME - Equity Facility for Growth
InnovFin Equity
Private equity secondary market transactions
EIF-NPI Equity Platform
ESCALAR Programme
Debt products
New ESIF ERDF Guarantee Fund initiative in Greece
EFSI Private Credit Programme
AGRI Guarantee Facility
AGRI Italy Platform Uncapped Guarantee Instrument
Credit enhancement
Cultural and Creative Sectors Guarantee Facility (CCS GF)
ENSI - Securitisation Initiative
Erasmus+ Master Loan Guarantee Facility
Skills & Education Guarantee Pilot
EREM debt products
Single EU Debt Financial Instrument
Documentary Finance Facility – Bulgaria
The SME Initiative
The SME Initiative Bulgaria
The SME Initiative Finland
The SME Initiative Italy
The SME Initiative Malta
The SME Initiative Romania
The SME Initiative Spain
Inclusive finance
EaSI Financial Instruments
EaSI Capacity Building Investments Window
EaSI Guarantee Instrument
EaSI Funded Instrument
European Progress Microfinance Facility
Entrepreneurs supported through Progress Microfinance
European Fund for Strategic Investments (EFSI)
How does EIF contribute to EFSI
How to apply for EFSI financing
Regional Development - Country and sector-specific initiatives
Normandie Garantie Agri
FAIRE - La Réunion
Auvergne Rhône-Alpes FEADER
Recovery Equity Fund of Funds of Bulgaria
Fons d’Inversió en Tecnologia Avançada (FITA) Catalonia
Dutch Future Fund (DFF)
Dutch Alternative Credit Instrument (DACI)
PORTUGAL BLUE: a new initiative for blue economy investments
JEREMIE Greece Reflows – Business Angels’ Co-Investment Equity Instrument
German Corona Matching Facility (CMF)
Portugal Growth programme
Central and Eastern European Technology Transfer (CEETT)
Croatian Growth Investment Programme (CROGIP) II
Croatian Growth Investment Programme (CROGIP)
Croatian Venture Capital Initiative 2 (CVCi 2)
AGRI Italy Platform Uncapped Guarantee Instrument
DISPOSITIF INSTRUMENTS FINANCIERS BOURGOGNE FRANCHE-COMTÉ
ALTER’NA – ESIF EARFD Nouvelle-Aquitaine
Baltic Innovation Fund 1 (BIF 1)
Baltic Innovation Fund 2 (BIF 2)
Central Europe Fund of Funds (CEFoF)
Croatian Venture Capital Initiative (CVCi FoF)
Competitiveness Fund-of-Funds for SMEs in Romania
The Cyprus Entrepreneurship Fund (CYPEF)
Deep and Comprehensive Free Trade Area Initiative East Guarantee Facility (DCFTA)
EU4Business Capped Guarantee
Dutch Growth Co-Investment Programme
Dutch Venture Initiative (DVI-II)
ESIF Fund-of-Funds Greece
EAFRD FoF Portugal
EAFRD FoF Romania
The ERP-EIF Facility
ERP-EIF Co-Investment Growth Facility
The LfA-EIF Facilities
The German Future Fund (GFF) - EIF Growth Facility
INAF – French National Agricultural Initiative
ESIF Energy Efficiency and Renewable Energy Malta
Regional Fund-of-Funds Romania
ESIF Fund-of-Funds Czech Republic
The Silesia EIF Fund of Funds
La Financière Région Réunion
The EIB Group Risk Enhancement Mandate (EREM)
EstFund
Call for Expression of Interest for FOSTER II
Greater Anatolia Guarantee Facility (GAGF)
G43 - Anatolian Venture Capital Fund Project
InvestBG Equity Instrument
JEREMIE
Romania Recovery Equity Fund of Funds
JEREMIE Romania Reflows – Equity Instrument
Luxembourg Future Fund 1 (LFF)
Luxembourg Future Fund 2
Mezzanine 'Fund of Fund' for Germany (MDD)
NEOTEC resources
Polish Growth Fund of Funds (PGFF)
Portugal Venture Capital Initiative (PVCi)
Scottish-European Growth Co-Investment Programme
Slovene Equity Growth Investment Programme (SEGIP)
Swedish Venture Initiative (SVI)
Turkish Growth and Innovation Fund (TGIF)
Western Balkans Enterprise Development & Innovation Facility (WB EDIF)
EAFRD FoF Greece
Irish Innovation Seed Fund (IISF)
RRF Czech Republic Fund of Funds

Slovene Equity Growth Investment Programme (SEGIP)

  •  
    Date: 16 November 2017 - 30 June 2022

Logos

The Slovene Equity Growth Investment Programme (SEGIP) is a EUR 100 million equity investment programme launched in November 2017.

Following the success of the initial cooperation, SEGIP has been topped up with an additional €100 million to support early stage start-ups, scale-ups and family businesses seeking a change of ownership. The updated calls for expression of interest for fund managers, related to VC and succession funding respectively, are published below. Slovenia: EIF and SID Banka provide additional €100 million to support early-stage startups, scale-ups and family businesses

The funding is to be invested alongside private investors and will support Slovene SMEs’ and midcaps’ access to growth and expansion equity capital. EIF and SID Banka contribute EUR 50 million each to this jointly developed programme, which is expected to catalyse additional private-sector investments into funds and companies.

The objective of SEGIP is to support Slovene SMEs and midcaps, to attract international private equity investment to Slovenia and to build local capacity by supporting emerging fund managers which focus a significant part of their investments into Slovene companies.

EIF will manage and deploy the SEGIP, through fund investments into venture capital and private equity funds, and co-investments alongside funds and private investors on market terms. The programme is not restricted to any particular sector.  

Part of the investment programme is dedicated to local market development and capacity building. As part of SEGIP, EIF will manage a separate selection process which will target emerging teams that are established in Slovenia and who are focusing their investment activities in Slovenia. Please see the link below to apply:

Open Call for EoI-SEGIP-VC
Open Call for EoI-SEGIP-Succession

This is one of the first financing programmes launched by EIF under the EIF-NPI Equity Platform and the Investment Plan for Europe in cooperation with EU National Promotional Institutions. SID Banka became a founding member of the EIF-NPI Equity Platform’s General Forum in September 2016.

Are you a fund manager interested in partnering with us under the Slovene Equity Growth Investment Programme?

Both fund investments and co-investment capital is provided by EIF to selected fund managers with positive track records, and further based on the criteria as demonstrated below. Additional criteria may apply in each case.

As EIF’s local partner, SID Banka can provide local support and reference to fund managers who are seeking to increase their presence in Slovenia. Interested fund managers can be in touch with EIF to inquire about facilitation of such contact.

Fund investments:

Fund managers interested in being considered for a fund investment can submit their fund proposal to EIF. Proposals are being considered on a continuous basis.

In order to be considered for funding under the SEGIP, the investment fund must:

  • Be managed by a team with a proven track record;
  • Have a strategy focused on growth and expansion investments (including acquisition, buy-and-build, and replacement capital strategies that include capital increase in the portfolio companies);
  • provide a majority of equity or quasi-equity funding to portfolio companies; 
  • be targeting to invest a significant portion of the fund in companies that are:
    • established in Slovenia or with significant long-term operations in Slovenia;
    • SMEs (EC definition) or mid-caps (up to and including 2999 FTEs); and
    • have strong growth prospects.  

Additional criteria may apply, and will be provided by EIF upon review of the investment proposal.

Other than the continuous selection process, a specific selection process for local emerging teams will be launched in 2018.

Co-investments:

EIF will provide co-investment capital to selected fund managers who:

  • have an established relationship with EIF;
  • have a positive track record;
  • are proposing a co-investment in a new or existing portfolio company of their main investment fund, in which EIF is an existing investor.

The co-investment capital will be provided through a co-investment vehicle, which is set up and managed by the fund manager. The fund manager will invest in the target company from the co-investment vehicle alongside an investment from the main investment fund. The size of investment will be assessed in each case. There are no pre-defined maximum or minimum amounts.

Interested fund managers should submit to EIF a co-investment proposal targeting an identified target company through their existing EIF relationships or contact EIF for further information.

Should the investment proposal meet the criteria listed below, EIF will conduct an initial screening to determine eligibility before proceeding.

The target company must:

  • be an SME (EC definition) or mid-cap (up to and including 2999 FTEs), with at least two employees and having been operating for at least two years;
  • be seeking later stage venture or private equity financing (i.e. the company must be beyond seed and start-up stage);
  • have strong growth prospects;
  • be established in Slovenia or with significant long-term operations in Slovenia.

Additional criteria may apply, and will be provided by EIF upon review of the co-investment proposal.

Contacts and submission of investment proposals

If you are a fund manager, please read more about how to submit your investment proposal to the EIF or be in touch with your existing EIF relationship manager.

If you are a company interested in the funding described above, please refer to investment funds in EIF's portfolio, a list of which can be found here.
 

Our website uses anonymised cookies to give you the best browser experience and to collect aggregated statistics.

This does not include online advertising cookies.

or Manage cookies >

Note: Following the recent withdrawal of the United Kingdom from the European Union, we are updating the relevant EIF.org pages.

 
 

Copyright ©

 European Investment Fund   – The European Investment Fund is not responsible for the content of external internet sites.