European Investment Fund invests in GrowHow Fund I Ltd in eastern Finland

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Finnish Industry Investment is a co-founder of a new regional fund in eastern Finland. The GrowHow Fund I is managed by Teknia Invest Ltd.

The European Investment Fund (EIF) signed a four million euro investment commitment to the GrowHow Fund I on November 13, 2001. EIF’s commitment has been funded by the European Union Technology program. Finnish Industry Investment Ltd has made a commitment of three million euro to the fund.