Investment funds - our selection criteria

To be eligible, a fund must satisfy the criteria of financial performance and Luxembourg economic substance, while also meeting the following requirements:

  • Key sectors: Deeptech (AI, quantum, robotics), Energy & CleanTech, Fintech, HealthTech, IoT and Blockchain, Sustainable Development, SpaceTech.
  • Strategy: Venture capital, private equity, private credit.
  • Legal set-up: Luxembourg-based; investments in non-Luxembourg-based funds are possible under certain conditions.
  • Regulation: Regulated or supervised structures at the fund and/or manager level.
  • Shareholding: At least 30% private investors.
  • Luxembourg Sustainable Economic Substance :
    • Local presence of the investment team and key person(s) ;
    • Search for investment opportunities in Luxembourg;
    • Establishment of companies in Luxembourg;
    • Close cooperation with local stakeholders.

 

To facilitate our analysis, your application must include: Investment strategy, team presentation and track record, competitive positioning, governance, legal structure, and a summary of terms and conditions (Term Sheet).

Co-investments - our selection criteria

To be eligible, a co-investment proposal must satisfy the criteria for financial performance and Luxembourg economic substance, while also meeting to the following requirements:

  • Model: Systematic co-investment through a Special Purpose Vehicle (SPV) alongside a venture capital (VC), private equity (PE), or private credit fund.
  • Key sectors: Deeptech (AI, quantum, robotics), Energy & CleanTech, Fintech, HealthTech, IoT and Blockchain, Sustainable Development, SpaceTech.
  • Target companies: Start-ups, SMEs and mid-sized companies from the seed to growth phase;
  • Shareholding: At least 30% private investors.
  • Luxembourg Sustainable Economic Substance:
    • Business plan demonstrating concrete local development (profit center) ;
    • Material contribution to innovation in sector clusters;
    • Close cooperation with local stakeholders.

 

To facilitate our analyse, your application must include: A detailed business plan of the local entity in relation to the global group, a presentation of the team, a market analysis, governance, and a complete presentation of the co-investing fund (history, team, structure, and conditions).

 

You may consult the main terms for co-investments by SNCI here:

Contact

Do you have a project that meets the above criteria? Submit it to us here: info-participations@snci.lu