Széchenyi Venture Capital Fund Management is a 100% state owned company. Its trustee is the Hungarian Ministry of Finance. The fund manager is a full member of the Hungarian Venture Capital Alliance (HVCA).
The first fund of the manager, Széchenyi Venture Capital Capital Fund (SZTA) was launched in 2011 to support Hungarian SMEs. Since then it has established four more venture capital funds to finance the development of small and medium sized entreprises. Széchenyi Venture Capital Fund is now endowed with with HUF 22 billion. Irinyi Venture Capital Funds with about HUF 16 billion target industries that are emphasized by the industrial development strategy with a special focus on developments related to digitalization. Carpathians Venture Capital Fund fosters cross-border economic activities of Hungarian small and medium sized enterprises with HUF 20 billion, while the National Stock Exchange Fund aims to prepare enterprises for stock exhange listing with a budget of HUF 13 billion.
Through its current programmes, Széchenyi Venture Capital Fund Management Ltd. altogether manages about HUF 71 billion, which is invested in companies with growth potential to develop Hungarian SMEs and to put them on a long term growth path.
Besides the capital injection, the fund manager supports the growth, product development, market expansion, export, job creation goals, as well as structural reorganization of its portfolio companies by strategic level business and financial advice.
Active capital funds of Széchenyi Venture Capital Fund Management Ltd.: