Patric Gresko pitches the Corporate Innovation Platform of the European Investment Fund
Ecosummit TV: Patric Gresko pitches the European Investment Fund at ECO13 Berlin. The EIF is Europe’s leading fund-of-fund with €12B under management. Since 2006, they have invested in 9 cleantech funds managed by 8 fund managers, i.e. dedicated cleantech VC firms. Patric is the EIF’s resident Mr. Cleantech and wants to support more cleantech VCs in the future. As most players in the market, the EIF also rides the corporate wave acknowledging the increasing importance of large multinational companies for the success of cleantech startups. Consequently, the EIF set out to raise capital from corporates for their new Corporate Innovation Platform (CorIP). One of the 4 investment themes is sustainability for which 10 €10M tickets shall be raised from 10 corporates. The EIF then tops it up with another €50M. These €150M will be invested in the best cleantech VCs in Europe. If you are one of them, talk to Patric.
The ECO13 Berlin presentation slides of Patric are available as PDF.
Tags: Cleantech Conference, Cleantech VC, Corporate Innovation Platform, Corporate Venture Capital, Corporates, ECO13 Berlin, Ecosummit Berlin 2013, Ecosummit TV, EIF, European Investment Fund, Fund-of-fund, Patric Gresko, Radialsystem