A European cooperation protocol between five national public banks and investment Institutions was announced  in Zappeion Megaron at the “Growing Together” event.

This protocol aims at increasing European growth capital funds’ capacity to provide late-stage funding to EU-based technology companies. Over the next 3 to 5 years €3.3 billion will be mobilized as part of this agreement, fostering the development of European global tech leaders. The five partners are: Bpifrance (France), KfW Capital (Germany), Tesi (Finland), Hellenic Development Bank of Investments (Greece) and Vækstfonden (Denmark).

The Hellenic Development Bank of Investments (HDBI) and Bpifrance have also signed a Memorandum of Understanding to accelerate the growth of investment fund managers for the benefit of equity financing of Greek companies.

Antigoni Lymperopoulou Chief Executive Officer of HDBI S.A signs the MoUs with her counterparts from Portugal and Belgium

Furthermore, the Hellenic Development Bank signed two additional Memorandums of Understanding with Sowalfin (Belgium), and with Banco Portugues de Fomento (Portugal), signaling the starting point of joint initiatives that can produce new synergies and opportunities for economic and social development. These MoUs set the objective of enhancing opportunities for growth and seek to strengthen funding arrangements to mobilize investments and support SMEs. Moreover, these MoUs aim to attract equity investments and foster the extroversion and competitiveness of Greek entrepreneurship, including via the established “InnoAgora powered by HDB” platform, which is a Greek community within EuroQuity-Bpifrance, the online matchmaking platform aimed at creating and sustaining a professional and qualified network for the collaboration of investors and entrepreneurs at European level.


At the same time, a very important and strategic agreement between the Hellenic Development Bank and the Public Gas Corporation of Greece (DEPA) was signed related to the” White Dragon” project. This project – an investment which exceeds € 8 billion – concerns the development of an innovative integrated green hydrogen project in Greece which covers the entire hydrogen value chain. Its goal is to create the new ecosystem of companies in the field of green energy, through the planning of joint support actions and the effective utilization of financial tools to companies operating in the field of green energy.

These synergies declare in practice the commitment of the development banks to their common goal and vision: to support and promote entrepreneurship in Europe for Growing Together.

Moreover, eight high-potential companies, all members of InnoAgora powered by HDB, participated in the pitch session in front of more than 30 investors on site and online, seeking to raise more than €35 million: BibeCoffee, Brite Solar, Centaur Analytics, InSyBio, Loctio P.C, PaloServices, PD Neurotechnology and RTsafe.

Eight innovative Greek companies exhibited in the context of Agora sessions: Biopix DNA Technology IKE, EV Loader, Eye Radar, Magos, Moptil-Mobile Optical Illusions, SciDrones, OramaVR and PD Neurotechnology.