Euregio⁺ Alpine Venture Capital is an Investment Company with Fixed Capital (SICAF), established pursuant to Article 1, paragraph 1, letter i-bis) of Legislative Decree no. 58 of 24 February 1998, capable of supporting the development of start-ups, particularly in the "expansion stage".
The Company is a closed-end, self-managed Italian AIF and does not entrust the management of its assets to an external manager.
The Company's assets are invested - for at least 60% (sixty percent) of the assets - in companies with high growth potential, whose operations involve the development, production, and commercialization of products and/or services with high technological and/or innovative value, falling into the following categories of enterprises ("Target Companies"):
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Start-up enterprises, i.e., new enterprises or those established for no more than 5 (five) years, with an annual turnover of less than 5 (five) million euros;
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Small and medium-sized enterprises that meet the size characteristics set out in the European Commission Recommendation 2003/361.
The Company's assets are invested in Target Companies with a proven connection to one of the territories belonging to EUSALP (Austria, France, Germany, Italy, Slovenia, Switzerland, and Liechtenstein) and operating in the specialization areas of "automation and digital", "food and life sciences", "Alpine technologies", "green technologies", and "hospitality and tourism".
For the more efficient realization of Typical Investments, the SICAF makes use of the external advisor Redstone Digital GmbH in Berlin.
Visit the Euregio⁺ Alpine Venture Capital SICAF website
Responsible investment
The Company also promotes environmental or social characteristics – or a combination of these characteristics – pursuant to Article 8 of Regulation (EU) 2019/2088, integrating the assessment of sustainability risks into its investment decisions.
To this end, the SICAF adopts tools and actions to ensure that the aforementioned characteristics are observed:
- During the evaluation of investment opportunities, by verifying the adoption of a minimum set of corporate policies by the Target Company (e.g., in terms of privacy, cybersecurity, diversity and inclusion, gender equality, workplace safety);
- During the implementation of the investment, by identifying and monitoring ESG KPIs that the Target Company is required to comply with, considering its business model and the relevant sector in which it operates.
Type of investor
Participation in the SICAF is reserved for professional investors as defined in Article 1, paragraph 1, letter m-undecies of the TUF, as well as individuals who meet the conditions set forth in Article 14, paragraph 2 of the Ministerial Decree of 5 March 2015, no. 30.