Reinforcing Med Microfinance Network System for Start-ups

Greece National Mesures – BIG PI VENTURES

BIG Pi Ventures
Name of responsible organization: BIG Pi Ventures
Starting year 2017End year
BIG Pi Ventures is one of the funds of EQUIFUND.  EQUIFUND is the Greek Fund of Funds created in 2013 (   Big Pi is a seed-stage and technology-transfer Fund investing in Greece. Their investments focus is twofold: Supporting visionary technology entrepreneurs in well-rounded teams building their startup or ready to scale up. Backing researchers in universities, public/private R&D centers, to bring projects from lab to market.   Founded in 2017, supports 35 Startups, some of which have been acquired by larger companies.

What kind of activity does this measure finance?

Creation of new businessesNO
Strengthening of existing businessesYES
Specific investments – specify type (i.e. innovation, research, environmental transition, hiring, internationalization, purchase of goods)Software, data analytics, machine learning, SaaS, electronics, robotics, optics, sensors. The fund invests, materials science, energy-related technologies and Cleantech.
Training activitiesNO
Other (specify)NO

What type of financing is it?

Low-interest loan (indicate the repayment time and, if present, the requirement for collateral)Loans or Equity loans
Non-repayable grant (indicate the percentage of non-repayable fund)NO
Tax creditN/A
Other (specify)From 30k to 2Mil € Interest Rate negotiable, or Equity

How does the activation of the measure work?

One-stop means Web Visit to 
Call with closing dateNo

Financial entity of the measure (indicate the resources allocated)

Overall amountN/A
% facilitation for each recipientΝ/Α
Minimum amount that can be financedN/A
Maximum amount that can be financedΝ/Α
Origin of financial resources (European, State, Regional authority, Municipal authority, other) funds + EIF + Private investors

Type of funded social structure (indicate if belonging to a specific category is required in order, to access the measure)

FemaleOver 50Unemployed (specify any type)Disadvantaged groups (specify type)Youth (specify age range)Other (specify)
OPEN to every interested company or individual.

Does the measure provide for accompaniment and training or only financial support?

Financial support + accompaniment/trainingNO
Only Financial supportNO

Is the measure considered a good practice and as such replicable in other national and / or international contexts?

YESYes, it is a good practice

How many initiatives have been financed in the last 3 years and for what economic amount?

Number of initiatives: 35 since 2013Total economic amount: N/A
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