The Italian Ministry of Economic Development (MiSE) has allocated these resources to CDP Venture Capital Sgr, 70%-controlled by the Cassa Depositi e Prestiti (CDP) Financial Group, with the aim of attracting new national and international investors and growing the venture capital market in Italy.
CDP Venture Capital will therefore have at its disposal the € 2 billion allocated by the Ministry to develop the so-called infrastructure decree, to which will be added € 550 million provided for the National Recovery and Resilience Plan (NRRP, part of the Next Generation EU program that the European Union negotiated in response to the pandemic).
An additional € 600 million will be allocated by CDP and third party investors. In particular – explains the MiSE – the new resources will be used to support venture capital investors, including indirect investments in funds.
Over € 3 billion to SMEs for Green Economy Transition
