Equity investmentOngoing
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Direct Fund: Reprendre et Développer IV

Reprendre et Développer IV direct fund: Support the growth of expanding SMEs and secure their transfer, to help them gradually become mid-caps, whose number Normandy aims to increase. Beneficiaries listed in the catalogue: unlisted companies in a transfer or growth phase, with an industrial, commercial or service activity (or a holding company with stakes matching the fund’s targets), consolidated revenue of at least €3,000,000 in the year before the initial investment, and their head office or main activity in Normandy or Île-de-France (Seine Valley). Detailed conditions and current status remain to be confirmed with the funder.

Reprendre et Développer IV direct fund aims to support the growth of expanding SMEs and secure their transfer, to help them gradually become mid-caps, whose number Normandy aims to increase. The official page reviewed confirms: the page describes the private equity fund managed by Normandie Capital Investissement, targeting the growth and transfer of Normandy SMEs. It was updated in July 2024 and explains the historical regional subscription framework. The catalogue information should be checked against the current rules, notably for beneficiaries, amounts, eligible costs and availability.

Funded by Bpifrance, Financeurs privés, Région Normandie

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Who can apply

Beneficiaries listed in the catalogue: unlisted companies in a transfer or growth phase, with an industrial, commercial or service activity (or a holding company with stakes matching the fund’s targets), consolidated revenue of at least €3,000,000 in the year before the initial investment, and their head office or main activity in Normandy or Île-de-France (Seine Valley). Check the legal form, size, activity, area covered, financial situation and exclusions in the current official rules.

Eligibility conditions

Conditions in the catalogue: not specified. Check the official criteria, exclusions, combination rules and whether you must apply before ordering, buying or starting work.

What the scheme covers

Operations or costs listed: the fund increases equity investment capacity in already sizeable Normandy SMEs (investments above €500k). It takes minority stakes, and majority stakes for transfers. Check eligible costs, supporting documents, minimum thresholds, caps and excluded costs before committing.

Amount and funding terms

Amount or form of support listed in the catalogue: investment of up to €7,500,000. This catalogue figure is not a commitment to invest; confirm the terms with the fund manager.

How to apply

1) Obtain the current official page and rules. 2) Confirm that the scheme is active and that the project's area is covered. 3) Check the criteria, amount, base, exclusions, combination rules and documents. 4) Confirm when to apply and obtain prior approval before committing costs. Confirm the current availability of the vehicle, its manager and its 2026 investment criteria; equity investment is distinct from a grant or repayable support.

Timeline

No usable end date is given; confirm the timetable, whether the scheme is open and the budget available with the funder.

Key facts

Funder
Bpifrance, Financeurs privés, Région Normandie
Type of funding
Equity investment
Status
Ongoing
Maximum amount
€7,500,000
Automatically extracted — check the official source
Geographic scope
Normandie

Frequently asked questions

What is Reprendre et Développer IV direct fund for?

The catalogue describes its purpose as follows: Support the growth of expanding SMEs and secure their transfer, to help them gradually become mid-caps, whose number Normandy aims to increase. Check that your project falls within the scope of the current official rules.

Who can benefit and what are the main conditions?

Beneficiaries listed in the catalogue: unlisted companies in a transfer or growth phase, with an industrial, commercial or service activity (or a holding company with stakes matching the fund’s targets), consolidated revenue of at least €3,000,000 in the year before the initial investment, and their head office or main activity in Normandy or Île-de-France (Seine Valley). Conditions: not specified. Legal form, location, exclusions and current criteria must be confirmed.

What amount or type of financing can be obtained?

investment of up to €7,500,000. The official source also states: the page describes the private equity fund managed by Normandie Capital Investissement, targeting the growth and transfer of Normandy SMEs. It was updated in July 2024 and explains the historical regional subscription framework. This does not guarantee support; confirm the cap, base, rate and form of financing with the funder.

Is the scheme still open and how do I apply?

No usable end date is given; confirm the timetable, whether the scheme is open and the budget available with the funder. Confirm the current availability of the vehicle, its manager and its 2026 investment criteria; equity investment is distinct from a grant or repayable support. Before ordering, buying or spending, confirm that the scheme is open and the procedure with the relevant authority.

Official source

No official URL is available in our data for this grant.

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