Fund of €200 million for tech startups, including in health and ageing technologies

The Romanian Government has approved the establishment of a Fund of Funds worth approximately 200 million euros, earmarked for financing start-ups and small and medium-sized enterprises in the technology sector. The permanent investment mechanism will become operational from 2027 and will be managed by the European Investment Fund in partnership with the Investment and Development Bank.

The government initiative aims to create a sustainable financing system combining public capital with private and institutional investment to support Romanian companies in their growth and expansion phases.

Priority sectors with impact for senior care

The Fund will direct investment towards several strategic areas, a number of which hold significant potential for improving the lives of older people. The healthcare and biotechnology sector is one of the main priorities, alongside robotics and artificial intelligence technologies.

These investments could accelerate the development of technological solutions for monitoring seniors' health, telemedicine systems, applications for managing chronic conditions, and assistive devices for elderly people.

Digital transformation in services for older people

By supporting start-ups in the field of digital transformation, the fund can contribute to the modernisation of care services. Internet-of-Things technologies can be used for remote monitoring of elderly patients, whilst artificial intelligence solutions can improve the diagnosis and treatment of age-related conditions.

Implementation will be carried out through specialist private equity and venture capital funds selected by the European Investment Fund. The timeline provides for the signing of a Memorandum of Understanding and the effective launch of the financing programme in the first quarter of 2027.