Saturday, March 19, 2016

PZU invests in start-ups. He wants to use the new technologies – Money.pl

Polish start-ups technology can count on financial support – initially 0.5 billion zł. Thanks to the PZU and other national companies created the largest in Central and Eastern Europe Fund Fund, which will support innovative projects and help their commercialization. PZU hopes that produced in this way technology will be able to use in their operations.

– PZU will be indirectly financed start-ups, and this for two purposes. Firstly, we want to make money, because we are a commercial company. Secondly, we can say that the idea of ​​copying one of China’s major insurance companies that created such a fund. When he sees him start-ups in line with your business, uses them for their own operational needs – says Przemyslaw Dabrowski, a board member of the PZU Group.

March 11 PZU, PZU TFI and the National Research and Development Centre signed a letter of intent on cooperation in the commercialization of research results.

– Open Fund Funds, which will give the money venture capital funds experienced in financing start-ups – emphasizes Przemyslaw Dabrowski.

the initial budget fund It is expected to be 500 million zł. Funds for this purpose will put not only PZU, but also other private investors.

The largest in the Europe Fund Fund is to support the commercialization of ideas and solutions, which were created during scientific research. It has to create a friendly entrepreneurs ecosystem. Priority beneficiaries will be the technological projects that have the greatest potential for rapid implementation on the market. This may be a remedy to the problem of investment gap. Polish scientists are the authors of many innovative solutions, but by the difficulty in gaining access to investors and obtaining financing many of them is only in the project.

The Fund is to be managed according to best market practices and help to attract Polish best venture investors capital.

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