Venture capital

Since the start of 2015, the European Investment Fund (EIF) and equity funds across Europe have signed investment agreements worth over €1 billion which will provide equity financing for businesses. These 28 transactions benefit from the support of the European Fund for Strategic Investments (EFSI) the heart of the Investment Plan for Europe.

The Abraaj Group, a leading investor group operating in global growth markets, has announced it acquired a stake in Yü-Ce Medical, a disposable medical supplies manufacturer in Turkey, in a written statement on Aug. 10. 

After I wrote about entrepreneurship recently, I had the opportunity to be able to speak to Ay?e ?nal about the topic. 

Inal is the general secretary of Galata Business Angels (GBA), the premier Angel Investment Network in Istanbul.

According to the information she provided, in the first half of 2015 in Turkey:
 
A total of 130 Startups were founded,

The Business Angels Association of Turkey (TBAA) became the first national member of the Global Business Angels Network (GBAN), the association announced at the Global Entrepreneurship Congress in Milan.

The TBAA will represent Turkey at the global community of business angels and early stage markets, the association said by a written statement on March 23.

BELGRADE - The 3rd Belgrade Venture Forum entitled "Innovations of the World" will be held from November 5-7 and bring together investors from around the world, who will be acquainted with innovative technological companies in Serbia and the region, the Serbian Venture Network (SEVEN) released in a statement.

By Dimitra Manifava

A strategy being drafted by the Development Ministry to promote innovative entrepreneurship includes joint investments by the New Economy Development Fund (TANEO) with business holdings funds, as well as tax incentives to attract foreign investments to newborn enterprises.

The Bulgarian-US software startup company Rinfinity attracted an investment of USD 1.9M. 

It develops software for eliminating wasted office space. 

Rifiniti is founded by Michael Gresty, who is also its chief executive, and Irina Mladenova. The company is based in Boston, but the software is developed in Sofia.