The state has invested four million euros in innovative startups (INFOGRAPHIC)

Bratislava, March 8, 2022 - The COVID-19 pandemic has negatively affected many sectors of the Slovak and global economy. In addition to the direct impact on companies in terms of revenue shortfalls, it has also caused uncertainty in the financial markets, which has seriously affected the European venture capital market and led to cancellations or postponements of investments. However, it is precisely this investment that is needed for the development of innovative companies.

During the pandemic, Slovak Investment Holding (SIH) has also used EU funds to provide loans to Slovak start-ups where it sees growth potential. It has launched the SIH Anti-Corona Capital Programme, investing almost four million euros in innovative companies in two rounds, the return on which is in the form of shares or stock.

Read more in the INFOGRAPHIC prepared by the euractiv editing staff.