2 billion zloty to support investments in technologies – SMM Legal provided comprehensive legal advisory in the launch of two Funds of Funds – NCBR CVC and NCBR VC by the Polish National Centre for Research and Development (NCBR).
The fund of funds is the first professional institutional investor that will provide financing to venture capital funds operating on the basis of arm's length principle and European standards. Over the next years, both funds will allocate PLN 2 billion to support the market of investments in technology.
To read more about the project, visit the following websites:
http://https://www.rp.pl/Finanse/304079929-Powstal-fundusz-funduszy.html#ap-1
http://http://www.parkiet.com/artykul/7,1511439-Powstal-fundusz-funduszy.html
http://https://stooq.pl/n/?f=1171918&c=1&p=0