Scale Up: Co-Invest Fund
A 400 million NIS co-investment fund promotes large investments in venture-backed companies working in the field of alternative fuels and smart mobility. Companies benefit from the program by receiving additional funding from the government, in the form of a conditional loan, on top of investment raised privately. The investor has the option to pay off the government loan and to receive additional shares in the company for the same terms of the original round of investment. If the investor does not exercise this option, the company must repay the loan only in the case of financial success, through royalties from sales.
For further information please see: