BASQUE FCR risk capital for Basque SMEs

Integral service around a transaction
BY : Diego GutiérrezJanuary Thu, 2014
private equityThe Basque Government has joined the public initiatives to promote the funding to SMEs through alternative instruments to traditional banking instruments such as venture capital.


The Basque Government allocates 28M to the BASQUE FCR venture capital fund

The Basque Government, through the Departments of Economic Development and Competitiveness and of Finance and Treasury, has launched the Venture Capital Fund Basque FCR28 million, to be launched in the coming weeks.

"Basque SMEs, as in the rest of Spain, suffer from excessive bank leverage and low capitalisation. This situation, added to the small size of the companies, makes it difficult for them to compete abroad" comments Diego Gutierrez of Abra Invest.

Also €5M for innovative SMEs

BASQUE FCR is especially designed to support SMEs (for large firms there are already others, such as Ekarpen), this venture capital fund intends to invest in the acquisition of shares in "industrial or service companies related to industry, at any stage of their life", the legal text adds.

In this way, they will also receive funding technology-based or innovative companies. The renewal of the industrial fabric is based on this type of company, where the Basque Country continues to be the benchmark in Spain due to the impact of its research centres and the commitment to R&D by corporations and the Administration.

Similar initiatives in other initiatives

The model of public entity participation in the development of venture capital activity is spreading across Europe. Germany being the reference with High-Tech Gründerfonds In Spain, hopes have been pinned on the impact it will have on financing alternatives. FOND-ICO.
The Basque Government has also left the door open for private capital to enter its fund. 

The M&A Professionals

Meet our services



Do you want to be up to date?


Our diferentiation

Market Research Technology
Our team of market analysis specialists is continuously analyzing the investments of the most active markets in the industry in order to unceasingly contribute ideas of the current market situation and identify the most relevant trends for senior management. We integrate the most relevant sources of information which allows us to discover the most interesting companies for venture capital and similarly helps us to identify the investors with the highest probability of involvement in an M&A process to ensure the success of our sell-side operations.

The reports and deductions of our advisors provide a broad view of the sector, both geographically and from the complementary or adjacent markets perspective.
Technology Data Analytics
for M&A
Advanced data anlytics is a weapon". Intelfin is an artificial intelligence tool we use for investing and creating value in SMEs through competitive analytics and the enterprise environment.

IntelFin consists of a cognitive system, which, through the application of advanced analytical technologies, facilitates the automation of investment and financing decisions in the field of non-listed companies and especially SMEs in high-growth sectors.

The information related to these companies is characterized by their lack of transparency and heterogeneity; thus, it is necessary to develop an advanced analysis which is as much predictive as prescriptive and is developed in a natural language custom, suitable to obtain greater clarity and knowledge of the investment scope.

The IntelFin system focuses especially on analyzing the variables that define and influence the competitive environment of a sector and the positioning of a company, analyzing their influence on future value creation. Therefore, IntelFin supports strategic decision-making to senior management by resolving questions such as:

¿What are my competitors' priorities, strategies and expansion plans? Who's my competition? Which competitor is most likely to grow at a higher rate?
Which areas of activity/business models will receive the most investment? Which sectors are most attractive to investors?
Which companies are going to experience the most growth in the near future? Which companies are most likely to receive investment or be acquired?
Training Methodology
We have developed training programs in an innovative set-up which guarantees our teams the acquisition of technical competences both in the field of corporate finance and in the field of psychology, that is much needed when it comes to negotiation processes.

We have a culture of continuous improvement of our processes, closely related to the use of information systems that allow the enhancement of internal communication between our teams, as well as external communication with our customers. Hence, we extend best practices identified internally in an efficient and rapid manner among our members.

Are you one of those who prefer to be well informed when making decisions?