National Development Investments (NRI), a subsidiary of the National Development Bank (NRB), continues in providing support to SMEs in the form of capital inputs. Through the „Venture Capital – IPO fund“ program, it purchased 29.57% of newly issued shares of the KARO LEATHER Company, subscribed on the START market of the Prague Stock Exchange. Shortly afterwards, the NRI also bought 22.6% of newly issued shares of the HARDWARIO Company.

The 9th Advisory Board meeting of the Central Europe Fund of Funds (CEFoF) was organized by the NRB in cooperation with the European Investment Fund (EIF) on 30 June 2022. Representatives of the EIF, NRB Group, Austrian Development bank (OeEB), Hungarian Development Bank (MFB), Slovene Enterprise Fund (SEF), Slovak Investment Holding (SIH) and the Ministry of Industry and Trade of the Czech Republic gathered in Prague to discuss the state-of-play of this regional equity investments initiative.

ČMZRB Investments, a subsidiary of the Czech-Moravian Guarantee and Development Bank (ČMZRB), provided support to an SME in the form of capital input for the first time in the history of the entire Group. Using its “Venture Capital – IPO fund” program, it bought 12.7% of newly issued shares of the Primoco UAV company, which were subscribed on the START market of the Prague Stock Exchange.

ČMZRB Group, in the cooperation with the Ministry of Industry and Trade, has published a call under the program Venture Capital – IPO Fund. It will allow ČMZRB to support SMEs in the form of capital inputs for the first time in its history. ČMZRB Group will buy shares of companies issued on the START market of the Prague Stock Exchange, but only as a minority shareholder with 30% of shares at maximum. The programme is funded by the Operational Program Enterprise and Innovations for Competitiveness (OP EIC), aiming to mobilize private resources and support investment into the capital of SMEs.

The Czech-Moravian Guarantee and Development Bank (ČMZRB) will help to turn brownfields in the Ostrava region into modern business centres. Together with the Ministry of Industry and Trade (MIT), the bank has launched a new program, which will offer concessional mezzanine financing. The aim of the program is to finance approximately six projects focussing on the revitalization of brownfields into business centres. First call is expected to be started early in 2021.

The Czech-Moravian Guarantee and Development Bank signed an agreement with the Prague Stock Exchange. ČMZRB will support small and medium-sized enterprises through equity instruments. Concretely, it will create “IPO fund”, through which it will enter the START market and become one of investors on the Czech stock market.