To which compartment do these Investment Guidelines apply?
Related FAQ
What activities are explicitly excluded by the EIC Fund Investment Guidelines?
Excluded activities include live animals for scientific and experimental purposes (including breeding); ammunition, weapons, military/police equipment or infras...
What acknowledgment regarding publication of information must EIC Fund Final Recipients include in their EIC Fund Agreement?
Each EIC Fund Agreement must acknowledge that the EIC Fund and/or the Adviser may communicate information regarding the EIC Fund Final Recipient (irrespective o...
What co-investment and syndication does the Compartment seek for direct equity investments?
The Compartment will systematically seek co-investment and syndication on at least a 1:1 matching basis and aims for a 1:3 leverage effect across the investment...
What is the purpose of the EIC Fund Investment Guidelines 2023?
They provide information to potential beneficiaries and co-investors on the strategy and conditions under which the EIC Fund will make investment and divestment...
What does 'External AIFM' mean in the guidelines?
External AIFM means Alter Domus Management Company S.A. in its capacity as external AIFM of the Company.
What is the required written acknowledgment text for EIC Fund Final Recipients?
“[EIC Fund Final Recipient] hereby acknowledges that [this] investment [is]/[has been] provided by the EIC Fund set up under the European Innovation Council. Th...
Who are "Qualified Investors" and why are they important?
Qualified Investors (e.g., business angels, VCs, impact funds, family offices, venture debt funds, NPBIs, corporate venture arms) not only provide funding but a...
How is 'Fiscal Year' defined?
Fiscal Year means the twelve (12) month period ending on 31 December in each year, except for the first fiscal year which started on the date of establishment o...
Who manages monitoring and follow-up for individual EIC Fund investments?
The External AIFM manages individual investments, including monitoring and acting on milestone funding, financing events (conversions, follow-on, etc.), write-d...
Which types of investors may participate depending on the operation's stage?
Investors may include Business Angels, Venture Capital funds, Impact investment funds, Family offices, Venture debt funds, National Promotional Banks and Instit...
What is the Investment Objective of the Compartment?
To invest in EIC Fund Final Recipients that develop or deploy breakthrough technologies and disruptive, market-creating innovations, and to fill a financing gap...
What is a 'Follow-on Investment'?
Follow-on Investment means, in relation to a Compartment, an investment in an EIC Fund Final Recipient in which the Compartment has previously invested and whic...