Seed Capital Bizkaia has closed the 2023 financial year with a total of 61 operations, for an amount of more than 4.3 million euros raised through the various funds and programmes promoted by the different funds and financing tools: Fund I, Fund Bi, FEIS, BAF, Start Bizkaia Fund, Konfekoop Seed Bizkaia, MicroEurope, Seed Capital Bizkaia Mikro and Crowdfunding Bizkaia.<\/p>\n
Fund I<\/b><\/p>\n
A total of 450,000 euros have been invested in a total of 4 operations.<\/p>\n
The investment sectors in the portfolio are: energy (20.2%), ICT (18.4%), industrial (14%), metalworking (11.4%) and healthcare (9.5%).\u00a0<\/span><\/p>\n During the 2023 financial year, 2 divestments have been carried out.<\/p>\n The fund currently has a total of 27 investee companies.<\/p>\n Bi Fund<\/b><\/p>\n A total of 4 operations supported for an amount of 1,040,000 euros.\u00a0<\/span><\/p>\n The sectors that account for the largest percentage of the 16 companies in the portfolio are the industrial sector (62.5%) and biotech (11.2%).<\/p>\n During 2023, one divestment has been carried out.\u00a0<\/span><\/p>\n FEIS, Entrepreneurship and Social Impact Fund<\/b><\/p>\n During 2023, the FEIS has participated in a total of 2 related operations amounting to 250,000 euros.<\/p>\n The SDGs to which the majority of contributions are made through the supported projects are: health and well-being, quality education, decent work and economic growth, and responsible production and consumption.<\/p>\n BAF Fund<\/b><\/p>\n Promoted in 2022, the Fund of Funds promoted by the Provincial Council of Bizkaia has closed the 2023 financial year with a total of 5 operations amounting to 1,040,000 euros.<\/p>\n This fund aims to attract specialized funds in the following areas: cybersecurity, food tech, renewable energies and fintech<\/p>\n Start Bizkaia Fund<\/b><\/p>\n A new fund also created in 2022 by Seed Capital Bizkaia, with the aim of promoting those initiatives in preliminary phases with a clear innovative vocation.\u00a0<\/span><\/p>\n In the 2023 financial year, a total of 3 operations have been approved for an amount of 280,000 euros.\u00a0<\/span><\/p>\n The sectors boosted are: fintech (35.7%), Industrial (35.7%) and Silver Economy (28.6%), mostly.<\/p>\n Konfekoop<\/b><\/p>\n A new financial instrument promoted by Konfekoop and Seed Capital Bizkaia during the 2023 financial year, it is aimed at financing cooperatives in the Bizkaia territory through participatory loans.\u00a0<\/span><\/p>\n MicroEurope<\/b><\/p>\n In February 2022, MicroEurope<\/i> was launched in Bilbao, <\/i>an <\/i>initiative that brings together various entities in the microfinance sector at European level from a social approach and with a clear inclusive vocation.<\/p>\n 2 investments have been approved.<\/p>\n Seed Capital Bizkaia Micro<\/b><\/p>\n In 2023, Seed Capital Bizkaia Mikro has granted a total of 39 loans for a total amount of 828,000 euros, with the average loan per company being 21,231 euros.\u00a0<\/span><\/p>\n 70% of the companies supported are led by people over 45 years of age. And 44% have no other source of financing.\u00a0<\/span><\/p>\n Crowdfunding Bizkaia\u00a0<\/span><\/b><\/p>\n It has ended the financial year with 2 rounds of financing closed through the platform, managing to mobilize a total of 145,300 euros.\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":" Seed Capital Bizkaia has closed the 2023 financial year with a total of 61 operations, for an amount of more than 4.3 million euros raised through the various funds and programmes promoted by the different funds and financing tools.<\/p>\n","protected":false},"author":2,"featured_media":7238,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[],"class_list":["post-7247","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"yoast_head":"\n