Despite the fact that 2020 has been an important turning point, Seed Capital Bizkaia has maintained its commitment to supporting and strengthening the business fabric of Bizkaia.
Significant investments have been made in new and established companies. Likewise, social impact initiatives remain a priority.
The total number of investments approved last year by Seed Capital Bizkaia, through its various instruments, is close to 1,5 million euros.
6 new investments in Fund I
Fund I, aimed at promoting the growth of new or recently created companies, has invested a total of 811.250 euros in 6 companies. In the same year, 3 divestments have been approved.
Strengthening Fund Bi
Fund Bi, aimed at supporting companies already consolidated in their development, has approved investments for an amount of 200.000 euros (of which 100.000 euros have been already disbursed). Similarly, there has been a divestment of a company in which it participated, what will revert in future investments.
Strong commitment to investing with social impact
During 2020 the Entrepreneurship and Social Impact Fund has approved investments for an amount of 450.000 euros in 2 new projects and has made 1 disbursement of 50.000 euros. Social inclusion, circular economy, education and health are the sectors in which the investments made by this fund impact; a fund designed under a transformative strategy.