PFR Starter FIZ

PFR Starter FIZ is addressed to innovative companies at their earliest stage of development (seed, start). Financing is granted by chosen financial intermediaries (venture capital funds) who, thanks to their experience, competences and contacts, provide the financed companies with the so-called smart money, significantly increasing their chances for commercial success.

    Investment goals:

  • increased financing for innovative operations of SMEs

  • support for companies at their earliest stage of development

  • internationalisation of companies’ operation

Funds available

PLN 782 m

Type of Fund

Fund of funds

Fund profile

Financing via financial intermediaries (VC funds) for innovative SMEs at the earliest stages of development (seed and start stage)

Investment size

First investment to PLN 1 m / PLN 3 m with follow-on (incl. private funds)
Max. 80% PFR Starter FIZ funds / min. 20% private funds

Investment period

Investments in VC funds 2017-2020

Investments in companies 2017-2023

Selection process

Open process of selecting investment companies, performed by PFR Ventures

Rules of call for proposals for financial intermediares (VC funds)

PFR Ventures starts process of submission and selection of financial intermediaries (VC funds/managing entities) to PFR Starter FIZ programme. Submision of offers will start on May 22nd and finish on June 15th 2017. Applications must be subbmitted via a special online form, which will be published on May 22nd. Questions regarding to submission may be asked via a contact form at below until May 19th 2017.



Deadline for sending applications expired 16/6/2017 at 16:00

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