The former Minister for SMEs and the Business Environment, Florin Jianu, has proposed for some time to several business people to establish a private investment fund to finance start-ups in various fields.
Dragoș Anastasiu, owner of Eurolines, and Wargha Enayati, founder of the Regina Maria health network, stated that they are already discussing such a project with other business people, which could be implemented next year.
Jianu estimates that a start-up could be financed with 30,000 – 50,000 EUR.
Wargha Enayati confirmed that he is discussing such a private fund with Anastasiu and several others. He would like to support businesses in the healthcare sector, which he knows well, and believes that a project here could be started with 50,000 – 200,000 EUR. In the first phase, Enayati could contribute 500,000 euros to this fund.
Unlike classic investment funds, which are pressured by shareholders to sell after a period of time to recover their money, in this case, the business can continue indefinitely without exits.
Source: Profit
Frequently Asked Questions
Who are the main figures behind this new investment fund?
The project was proposed by former minister Florin Jianu and is being discussed by prominent business leaders like Dragoș Anastasiu (Eurolines) and Wargha Enayati (Regina Maria).
What is the estimated level of funding for a start-up?
Depending on the industry, funding could range from 30,000 EUR to 50,000 EUR for general start-ups, and up to 200,000 EUR for those in the healthcare sector.
How does this fund differ from traditional investment funds?
Unlike traditional funds that face shareholder pressure for a timely exit, this private fund would allow businesses to grow indefinitely without the requirement of a sale.