- The first corporate venture capital fund in this part of Europe formally started working at the moment when we enabled startups to send us their ideas on the official website tsv.fund. The fund was established by the company Telekom Srbija on the model of large European and world companies, and it will perform its business completely independently with professional management.

According to him, TS Ventures was formed on the model of the practice of the world's most successful VC funds, and that means professional management composed of a team of experts from different countries and areas. Also, investment decisions will be made by a commission which, in addition to the internal team, will also consist of external independent members with proven world experience in investing in various startups.

The initial idea is for Telekom Srbija to invest 25 million euros in the next five years, but it does not exclude the possibility of additional investments - both for Telekom and other companies.

- One of the fund's priorities will definitely be connecting with other investment funds, both in the region and beyond, where through mutual exchange of experiences, knowledge and ideas we will try to contribute to the development of the startup community in our country and raise this economy to a higher level and in the future make it one of the most profitable.

At this stage, all interested parties can send their ideas via the application form on the official website www.tsv.fund, where the next step will be to select the most interesting ideas according to the assessments of experts and invite teams to the process of promotion and interviewing.

Source: eKapija