The state will seek start-ups outside Bratislava

The state will provide start-ups with €68m in the coming four years, with the money coming from EU funds. Although the start-up scene is concentrated in Bratislava, at least 90% of the investments must go to companies outside the Bratislava region. Bratislava start-ups are eligible for lower investments and under tougher conditions. This year, though, seven of ten start-ups shortlisted for FTRNW Awards (Startup Awards previously) were from Bratislava. The investment program is run by Slovak Investment Holding, owned by the state-run bank SZRB. It has selected three private vehicles to identify the investment targets: Zero Gravity Capital (joint venture of Limerock Advisory and 0100 Ventures), CB Investment Management (Crowdberry group) and Vision Ventures.

(sme.sk)