Penta is opening a Venture Fund

Today Penta Investments is calling upon people with interesting business ideas. Business projects will be supported through a newly founded Venture Fund in which Penta has allocated EUR 300,000.

Projects should meet the following requirements. They should involve innovations and new ideas, and in the future they should be sustainable and self financed. The projects are expected to show potential for a wider positive impact, i.e. perspective technologies, environmental solutions, and social benefits. The minimal amount of financial support for an individual project is EUR 30,000.

"We want to support start-up entrepreneurs who have courage and new ideas, but who lack funding. Because we see enterprise as one of our main values, a Venture Fund is a genuine form of support. Beyond our financial support we will provide our know-how and experiences for promising projects," Jaroslav Haščák, Penta Managing Partner said.

The Venture fund is primarily aimed at perspective entrepreneurs in countries where Penta actively works - Czech Republic, Slovak Republic, and Poland. An investment committee composed of Penta personnel will choose from the received applications. Submitters of perspective projects will be consequently invited to advocate their projects.

About Penta

Penta is a Central European investment group established in 1994. It operates mainly in healthcare, financial services, manufacturing, retail, media and real estate development. Its portfolio companies provide jobs to more than 41,000 people and reported assets of EUR 9 billion in 2017. Penta operates in more than 10 European countries and has offices in Prague, Bratislava and Warsaw.

Press contact

Martin Danko
External Relations Manager

Telephone +420 225 101 110
Mobile +420 731 664 771
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Ivo Mravinac
PR Specialist and CZ Spokesperson

Telephone +420 225 101 109
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Gabriel Tóth
PR Specialist and SK Spokesperson

Telephone +421 2 577 88 192
Mobile +421 908 169 879
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