The new fund of NRI from the National Development Bank Group will focus on small and medium-sized enterprises and mid-caps operating in the Czech Republic with up to 500 employees. It is not a public support or subsidy, but an investment by a company owned by the state.
* Barbara Pošívalová, Chairwoman of the Board of Directors of NRI: “By signing the agreement with the Prague Stock Exchange today, we are building on the previous successful cooperation from the first cycle of the fund’s IPO and we are ready to invest in ambitious Czech companies entering the Start market. We have over CZK 300 million ready for investments.”
* Petr Koblic, CEO of the Prague Stock Exchange Office: “In this case, public money does not crowd out private investors or venture capital. They will always be in first place in an IPO if they offer a better price than the IPO fund 2025+ when subscribing shares. NRIs are merely supplementing this private capital.”
The investment of NRIs from the IPO fund 2025+ can be a maximum of 30% of the volume of newly subscribed shares in a given issue in order to maintain the predominance of private capital. It can be an IPO (the first subscription of a company’s shares on the stock exchange), but also an increase in capital through a new issue of shares (SPO) on the Start Market stock market.
