Institut Valencià de Finances (IVF)
Public finance institute of the Generalitat Valenciana
Also known as IVF, Instituto Valenciano de Finanzas, Institut Valencià de Finances
Generalitat Valenciana public finance institute; besides loans and guarantees it grants participative loans co-investing with private investors and commits capital to funds run by private SGEICs.
Not to be confused with the Instituto Vasco de Finanzas (Basque Country), also abbreviated IVF.
- HEADQUARTERS
- Valencia, Spain
- FOUNDED
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- AUM
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- OUTSIDE CAPITAL
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- TEAM LISTED
- 1 people
FOCUS
- STAGES
- SeedGrowth
- SECTORS
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- GEOGRAPHY
- Spain
WHAT IT IS
Government-backed Fund. Public money — a state or EU-backed vehicle investing on behalf of taxpayers, often with policy goals.
ABOUT
The Institut Valencià de Finances is the public finance institute of the Generalitat Valenciana, based in València, whose activity is mostly loans and guarantees for Valencian companies and households. Its equity-type instruments include a line of participative loans (€50,000–€300,000) co-investing with private investors in new innovative micro and small companies, co-financed by ERDF 2021-2027, and commitments to funds run by private managers. It promoted the IMPULSA I fund (managed by Oquendo Capital; €60M initial size, IVF commitment up to €24M), which invested €68.9M in 15 companies from 2021 to 2026, and in 2025 awarded the €25M ERDF “Capital Riesgo para el Crecimiento Sostenible” instrument to seven SGEICs acting as financial intermediaries.
INVESTMENT THESIS
Companies in the Comunitat Valenciana: participative loans in co-investment with private investors for innovative new micro and small companies, and capital channelled through private fund managers for growth, corporate operations and the start-up ecosystem.
PORTFOLIO (3)
- Zero Loop (Bezeroo)Climate & Energy
- Movemo Ibérica (Momoven)Mobility & Logistics
- Fondo Valenciano para el Impulso Empresarial – IMPULSA I (fund commitment, up to €24M)
TEAM
- Enrique MontesDirector General · source
LINKS
FAQ
Institut Valencià de Finances (IVF) is a government-backed fund based in Valencia, Spain.
Yes. Institut Valencià de Finances (IVF) invests directly in private companies. It also commits capital to third-party funds as an LP.
Institut Valencià de Finances (IVF) invests at Seed and Growth stages.
Institut Valencià de Finances (IVF)'s stated ticket size is €50K–€300K.
Key people at Institut Valencià de Finances (IVF) include Enrique Montes (Director General).
Institut Valencià de Finances (IVF)'s investments include Zero Loop (Bezeroo), Movemo Ibérica (Momoven) and Fondo Valenciano para el Impulso Empresarial – IMPULSA I (fund commitment, up to €24M).