Accountability Report 2019-2020
Innovacorp made investments in 19 companies, advancing $2.6 million, against $6.5 million expected.
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Innovacorp made investments in 19 companies, advancing $2.6 million, against $6.5 million expected.
The Export Growth Program had 454 approved applications with total approved funding of $3,271,571.97.
Innovacorp made investments in 17 companies in 2018-2019, advancing $6.3 million.
The Export Growth Program approved $2,978,385 in funding across 431 applications.
The fund received 4 applications, funded 3 projects and made total project commitments of $455,400.
Innovacorp made 17 investments in 16 companies, advancing $7.93 million, of which $6.68 million was follow-on investment in seven existing portfolio companies.
NSBI clients reported a 12.7% increase in actual export sales overall, against a goal of 10%.
Innovacorp made 13 investments in 12 companies, advancing $5.6 million, of which $4.68 million was follow-on investment in seven existing portfolio companies.
Client-reported actual export sales increased by 30.5%, against a goal of 5%.
Between June 9, 2016 and March 31, 2017, the fund received 6 applications and funded 4 projects.