Energa and TFI BGK creates Venture Capital fund

Energa Group and TFI BGK have signed cooperation agreement to create Corporate Venture Capital fund, which will invest in minority stakes of young, innovative companies. The main aim of the fund is to facilitate access to new technologies and generate profit, Energa group announced in a press statement. “Energa plans to encourage financial investors to contribute to the fund. State-led lender Bank Gospodarstwa Krajowego considers its support by granting loans and credits or acquisition of the investment certificates,” states the press release. The fund will be operational for nine years.