Berlin introduces Venture Capital fund for creative industries

IBBEveryone is talking about it. Berlin is doing it: the first specialised venture capital fund for creative industries (Kreativwirtschaft). This new offer has been designed by Berlin’s state-owned investment bank and comes in maybe Europe’s most attractive city for creative people at this point in time.

The fund called “VC Fonds Kreativwirtschaft Berlin” aims at start-ups in the whole field of PR agencies, publishing houses, software developer, fashion, music, TV, radio or the performing arts. For the beginning it starts with a capital of 30 mio Euro and offers up to 1.5 mio Euro for first-time start-ups.

More information can be found on the bank’s website www.ibb-bet.de or in this news item (in German).

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